Britannia Bulk announces date for conference call and release of third quarter 2007 results

    LONDON, England, Oct. 18 /CNW/ - Britannia Bulk Plc. ("Britannia")
announced today that it will host a conference call to present and discuss its
results for the quarter ended September 30, 2007 on Tuesday, October 23, 2007.
Britannia expects to release its results for this period prior to market open
on October 23, 2007.

                         Conference Call Announcement

    Britannia will host a conference call on Tuesday, October 23 at 4:00 p.m.
GMT/11:00 a.m. EST to review its results for the quarter ended September 30,
2007. To participate in the call, please dial 800 950 1454 for callers in
North America and 212 231 2901 for callers elsewhere. A replay of the call
will be available and may be accessed by calling 800 633 8284 for callers in
North America and 1 402 977 9140 for callers elsewhere. The reservation number
for the replay is 21352524. Please note further that conference call materials
will be made available on our website prior to the conference call on Tuesday,
October 23.

                          About Britannia Bulk Plc.

    Britannia Bulk Plc is an international provider of drybulk transportation
services with a focus on transporting drybulk commodities from the Baltic
region. Our existing fleet, excluding vessels that we charter-in, consists of
ten drybulk vessels, five barges and four tugs.

    Forward-Looking Statements

    This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Act of 1934. All statements, other than statements of historical
facts, included in this press release that address activities, events or
developments that Britannia expects, believes or anticipates will or may occur
in the future are forward-looking statements. These statements are based on
certain assumptions made by Britannia based on management's experience and
perception of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the
circumstances. Such statements are subject to a number of assumptions, risks
and uncertainties, many of which are beyond Britannia's control, which may
cause Britannia's actual results to differ materially from those implied or
expressed by the forward-looking statements. These risks include, among
others, our ability to timely identify and acquire additional vessels on terms
we deem reasonable, our ability to generate cash to service our debt,
decreases in shipping volumes, including Russian coal for export, changes in
demand and rate levels for the transportation services we offer and
seasonality of the market in which we operate. The Company undertakes no
obligation to publicly update or revise any forward-looking statements.
Further information on risks and uncertainties is available in the Company's
filings with the Securities and Exchange Commission.

For further information:

For further information: Fariyal Khanbabi, Chief Financial Officer, +44
(0)20 7264 4900

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