Oceanic Ventures, Inc.

Recalls

February 22, 2005, Cressi-Sub Announce Recall of SCUBA Buoyancy Compensators

February 22, 2005, Head USA Inc. Announce Recall of SCUBA Diving Computers

July 17, 2003, UWATEC Announce Recall of Smart Dive Computers

December 3, 2002, Oceanic USA Announce Recall of Scuba Regulators

July 18, 2002, Johnson Outdoors Inc. Announce Recall of SCUBAPRO/UWATEC(tm) Dive Computer Consoles

April 30, 2002, Sherwood SCUBA LLC Announce Recall of Maximus Regulators

February 5, 2003, UWATEC AG Announce Recall of 1995 Dive Computers

July 17, 2003, UWATEC Announce Recall of Smart Dive Computers