March 11, 2005

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Contact: NMB Public Information Line--(202) 692-5050

Re: Offshore Logistics and OPEIU Reach Agreement

Washington, D.C. -- The National Mediation Board (NMB) is pleased to announce that the Office and Professional Employees International Union (OPEIU) reached a tentative collective bargaining agreement on March 10, 2005, with Offshore Logistics, covering the craft and class of Helicopter Pilots. Mediation was guided by NMB Mediator Jack Kane.

Specific information regarding the contract or its provisions should be obtained directly from the parties.

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