Stena Line Announces New Milestone in Multi-Million Pound Investment Programme

LONDON, October 15, 2010 - Stena Line's second Superferry, Stena Britannica, is now officially
handed over from Nordic Yards in Wismar to Stena Line, and it was entered
into service on Harwich-Hook of Holland on 9th October 2010.

Stena Line's investment into both North Sea Superferry (
www.stenaline.co.uk/ferry/routes/harwich-holland/new-superferries/)
vessels amounts to over GBP375m and it is the single largest investment that
Stena Line has made.

"Right now, we find ourselves in a very intensive period where the
completion of the Stena Britannica Superferry (
www.stenaline.co.uk/ferry/our-ships/stena-britannica/) is an important
milestone. At the same time, we are implementing the largest transfer of
vessels in Stena Line's history, where five routes in total are receiving new
vessels. Including the investment in the Superferries, the value of the
entire venture amounts to almost 10 billion SEK [GBP942.5m] and it will lead
to a substantial lift for Stena Line's business, with more modern and even
more attractive vessels on the concerned routes," said Stena Line's CEO,
Gunnar Blomdahl.

The vessels transferred are being converted to suit the route in
question. For example, on the new Stena Germanica, and later also on Stena
Scandinavica, a completely new cabin section with five-star cabins has been
built and the restaurant environments are modern and innovative, including an
open kitchen where the chefs cook food in front of the guests. On the new
Stena Vision and Stena Spirit, a completely new spa area is being built;
cabins are being renovated and rebuilt at the same time as the capacity on
the car decks is increased.

The construction of the new Stena Britannica and Stena Hollandica
(www.stenaline.co.uk/ferry/our-ships/stena-hollandica/), which entered
service at the start of the summer, started a few years ago and the two
vessels are revolutionary in several ways: they are the world's largest
ferries (www.stenaline.co.uk/ferry/); they have the latest technology
in order to be as energy efficient as possible and they have a large
selection of modern restaurants, cabins and opportunities for relaxation.

"Many of our customers demand a relaxing trip with good food, comfortable
cabins and relaxing experiences when they travel with our ferries and the
alterations we are implementing now are completely in line with this," said
Gunnar Blomdahl.

About Stena Line:

In the UK alone, Stena Line offers two daily ferry crossings on its
Harwich to Hook of Holland route as well as over 30 daily crossings on its
five different routes to Ireland (Stranraer to Belfast, Fleetwood to Larne,
Holyhead to Dublin, Holyhead to Dun Laoghaire and Fishguard to Rosslare)
providing fast and efficient crossings with excellent onboard services and
facilities.

For further press information please contact:

    Richard Rigby
    bgb
    91 Waterloo Road

    London
    SE1 8RT
    +44(0)20-7902-2990
    www.stenaline.co.uk

For further press information please contact: Richard Rigby, bgb, 91 Waterloo Road, London, SE1 8RT, +44(0)20-7902-2990