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Completion of Tender Offer

TENDER OFFER BY CALEDONIA INVESTMENTS PLC, GAS FIN INVESTMENTS S.A. AND GAS FIN S.A. FOR TGE MARINE AG

This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan, the Republic of Ireland or South Africa or any other jurisdiction in which the same would be unlawful (each a "Restricted Jurisdiction").

COMPLETION OF TENDER OFFER

On 2 October 2009, Caledonia Investments plc, Gas Fin Investments S.A. and Gas Fin S.A. (the “Offerors”) announced proposals, inter alia, to acquire the remaining Registered Shares and Depository Interests (such Depository Interests each representing one Registered Share) in TGE Marine AG (“TGE”). On 13 October 2009, a circular (the "Circular") containing the full terms and conditions of the Tender Offer was posted to Shareholders and Depository Interest Holders in TGE, together with a tender form to Shareholders (the "Tender Form").

On 3 November 2009, the Offerors announced that the period for acceptance of the Tender Offer had been extended until 1.00p.m. on 17 November 2009.

The Offerors are pleased to announce that, as at 1.00p.m. (London Time) on 17 November 2009, valid acceptances had been received in respect of a total of 255,866 Registered Shares or Depository Interests, representing approximately 88.4 per cent. of the ordinary share capital of TGE which was subject to the Tender Offer.

Accordingly the Offerors, together with those Registered Shares held by Gas Fin GbR, either own in aggregate, or have received valid acceptances under the Tender Offer in respect of a total of 1,183,637 Registered Shares or Depository Interests representing, in aggregate, approximately 97.2 per cent. of the existing issued share capital of TGE.

The Offerors announce that the period for acceptance of the Tender Offer has now closed.

Those Shareholders and Depository Interest Holders who tendered their Registered Shares or Depository Interests under the Tender Offer after 3 November 2009 will receive their settlement funds on 24 November 2009, either through despatch of cheques or credit of their CREST accounts.

Enquiries:

Caledonia Investments plc
Tim Ingram
+44 (0)20 7802 8080

Gas Fin Investments S.A
Gas Fin S.A.
Vladimir Puklavec
+49 (0)228 604 48 0

College Hill
Tony Friend
Roddy Watt
+44 (0)20 7457 2020

Capitalised terms in this announcement follow the same definitions as in the Circular unless otherwise specified.

18 Nov 2009

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