Swiber - Downgraded by analysts.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

03/02/11 CIMB Swiber 0.805 1.01 Outperform PER12x
03/04/11 CIMB Swiber 0.81 1.01 Outperform

01/03/11 DBS Vickers Swiber 1 1.28 Buy
03/03/11 DBS Vickers Swiber 0.79 0.83 Hold PER10x

03/02/11 DMG & Partners Swiber 0.805 1.25 Under Review PER10x
03/03/11 DMG & Partners Swiber 0.79 0.85 Neutral PER10x

12/02/10 OCBC Swiber 0.985 1.33 Buy
03/02/11 OCBC Swiber 0.805 1.33 Under Review
03/03/11 OCBC Swiber 0.79 0.94 Buy PER11x
03/04/11 OCBC Swiber 0.81 0.94 Buy