Message from Our President
Our Company

Welcome to Mermaid Cruise Lines, America's newest cruise line that delivers "All the Wow!" The one that
put a surfing simulator, rock-climbing walls, ice-skating rinks and other innovative amenities on a cruise
ship. Enjoy the peaceful, adults-only solarium, computer lounge, an on-board casino, several dining areas,
a spa, a four-story promenade of shops and cafes; and for the younger crowd: a teen's-only disco, a teen
lounge, an arcade, and Adventure Ocean, a learning center for kids. If you have seen our commercials on
TV, you may have the sense that we're not your average cruise line.

With more than 170 destinations worldwide and an amazing array of exciting shore excursions and cruisetour options, we're reaching out to vacationers eager to try something new - whether it's glacier-trekking in Alaska, cave-tubing in Belize or sailing through the Panama Canal to our very own underwater hotel off the coast of Costa Rica.

As the "Get Out There" cruise vacation alternative, Mermaid Cruise Lines ships offer itineraries, activities and amenities designed to appeal to every taste, energy level and age group giving our guests the opportunity to create their own adventure. Our guests seem to agree with our philosophy: Mermaid Cruise Lines' members loyalty program recently enrolled its millionth guest.

In May 2007, we were proud to welcome the first addition to our fleet, The Queen Davia of the Ocean. As the world's largest and most innovative ship, The Queen Davia was the first of our Mermaid Cruise ships featuring signature-class amenities such as the FlowRider surfing simulator, a 14-person family suite and cantilevered whirlpools suspended 112 feet above the sea. She was followed in October, 2007 by four sister ships, Princess Estevia of the Ocean, Princess Theresa of the Ocean, Princess Linda of the Ocean and The Good Ship Lollipop. In late 2008, five sister ships will join the fleet, then five more additions in 2009.

We are in the midst of an aggressive program of new additions to our fleet, one that promises to help keep the cruising experience fresh for our repeat guests and equally exciting for our new ones.

Our ships, destinations and amenities aren't the only reasons why Mermaid Cruise Lines is a great cruise line.

We're a great company because of our people, who deliver Golden Clam Service to our guests and travel partners every day. Not only that, but wherever we go, whatever we do, we take our values with us. We know that our acceptance in the communities we call home and the ports we visit depends on our living up to the highest standards of corporate citizenship. For that reason, Mermaid Cruise Lines invests in community organizations and initiatives to enhance the quality of life in communities all over the world.

Second only to our people is our commitment to the environment. WestCorp & Mermaid Cruise Lines has implemented stringent environmental practices and procedures that help preserve the world's oceans. Our company also created the Ocean Fund, which supports marine conservation organizations in their efforts to preserve the ecosystems of the world's oceans. Since the fund began in 2007, we've awarded almost $7.1 million to 52 organizations involved in marine conservation research, education and innovative technologies.

Thank you for visiting our web site to learn more about WestCorp & Mermaid Cruise Lines. We hope to see you onboard one of our ships soon.

R. D. Faintley
President

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