Argentina-Requirements for Oil Pollution Contingency Plan 29 July 2004 No.507 Please see the following information concerning the requirements for Oil Pollution Contingency Plan in Argentina which was prepared by our correspondent, Pandi Liquidadores S.R.L. We hope that this will be help to you. "Since Argentina ratified the OPRC/90 convention, a national contingency plan was adopted in 1998. In this plan it is stated that clean up operations must by carried out by the owner of the vessel responsible for the accident or by an appointee. At the very beginning, the obligation to have an approved contingency plan onboard approved by Argentine Coast Guard Authorities, applied to all Argentine flag vessels, owners or registered owners or charterers trading within Argentine waters. Since July 2003, this requirement is also applicable to all foreign tankers trading within Argentine waters which means that they will have to have a contingency plan approved by the Environmental Protection Department (hereinafter EPD) of Coast Guard Authorities (hereinafter PNA). As you will note from the attached document, this regulation presents three different categories as follows: 1. Foreign flag vessels trading coastal waters in accordance with permit granted by exemption provided by Cabotage Law (Ley de Cabotaje): - Shall have Contingency Plan approved by EDP according to annex 18 and 21 issued by PNA. 2. Foreign flag vessels which do not call to Argentine waters in regular basis or occasionally: - Shall have for the time being, updated SOPEP, also stating routes to be followed and volume of cargo carried or to be carried onboard. - Shall report through the local shipowner's agent with sufficient time before entering Argentine waters the aforementioned and which oil response company has been appointed to act in case of any oil spill. - These oil response organizations should be locals previously approved by PNA. A detail of these companies (seven up to date) is also attached hereto. -