Press Release

Patriot Mechanical Handling Announces $12.4 Million Mechanical Handling Equipment Package Order From Keppel FELS
Friday January 27, 4:05 pm ET

Singapore Bound Order Creates New Potential Market Opportunities for Company's First Packaged Solution
HOUSTON, TX--(MARKET WIRE)--Jan 27, 2006 -- Patriot Mechanical Handling Inc. (Other OTC: PMHH.PK - News ), a leading provider of mechanical handling solutions and services to the oil and gas industry, is pleased to announce that it has received an order valued at $12.4 million USD from Keppel FELS in Singapore. The order is for 2 rig sets, comprising a complete mechanical handling package, for new build semi-submersibles currently on order to Keppel FELS from ENSCO International, Inc.

Paul Findlay, CEO of Patriot stated, "This order is extremely significant in that we will provide a complete package for all handling operations on and around the rigs. We are very pleased to have the opportunity to work with Keppel FELS again, and to meet their mechanical handling equipment needs." Findlay added, "This order exemplifies and reinforces our strategy of pushing the complete packaging of our equipment for mechanical handling solutions to the offshore drilling industry. We are now aligned with the offerings of other companies in our industry. Combined with our streamlined operational structure, this product offering gives us the ability to be a strong competitor."

The order calls for Patriot to deliver a Riser Gantry crane, marine deck cranes, BOP Handling, and tree handling systems, and to provide training, spare parts and commissioning services. Delivery of the first rig set is scheduled for second quarter 2007, with the second rig scheduled for approximately third quarter 2008.

Keppel FELS is a wholly owned subsidiary of Keppel Corporation, through Keppel Offshore & Marine, a leader in offshore rigs, ship repair and conversion and specialized shipbuilding. Keppel O&M's near market, near customer strategy is bolstered by a global network of 17 yards in the Asia Pacific, Gulf of Mexico, Brazil, Caspian Sea, Middle East and North Sea regions. Integrating the experience and expertise of its yards worldwide, the group aims to be the provider of choice and partner in solutions for the offshore and marine industry.