CLV Clipper Ven.

    Clipper Ventures plc

Title Sponsorship agreement for the 5-OCEANS yacht race

Clipper Ventures Plc (`Clipper' or the `Company'), the AIM quoted ocean racing
company known for the Clipper Round The World Yacht Race and the 5-Oceans Solo
Grand Prix, announces an agreement with VELUX A/S, the world's leading producer
of roof windows, as official title sponsor of the 2006 5-Oceans Solo Grand Prix
round the world yacht race. The 5-Oceans Solo Grand Prix takes place every four
years with the next race start being in October 2006. The agreed sum, payable
over the next two years, which cannot be disclosed at this time, is materially
in excess of the total sponsorship received for the previous 5-Oceans Solo
Grand Prix.

The directors of the Company believe that this agreement with VELUX A/S
elevates the profile of the 5-Oceans Grand Prix as a world class sporting
event. The agreement was brokered by WPP's sports marketing agency Global
Sportnet GmbH, Clipper's exclusive marketing agent for the VELUX 5 Oceans

Sir Robin Knox-Johnston, Chairman of Clipper Ventures Plc, commented:

"I believe this agreementwill prove to be a significant step inenhancing the
profile of this gold standard yachting event.

"Both of our key operatingdivisions: the Clipper Round The World Yacht Race and
the 5-Oceans Grand Prix have witnessed a step change in recognition as high
profile sporting events,driven in part by wider and better qualityinternational
media coverage.This in turn will continue to encouragemore valuablesponsorship
interest for both events."

J�rgen Tang Jensen, Managing Director of VELUX A/S, commented:

"The 5-OceansGrand Prixis the perfect match for our brand, values, strategies
and markets. Today, we are a global group with companies in more than 40
countries and as such we need a global event to unite us. VELUX works with
daylight in buildings and thus with the natural environment's importance for
our wellbeing. Our focus on daylight, fresh air and clear views harmonises
perfectly with yachting. In addition, 5 Oceans originated in precisely the cont
inents in which VELUX is represented, namely Europe, the USA and Australia".

                                                               5 September 2005

Enquiries:

Clipper Ventures Plc                   +44 (0) 23 8023 7088                  
                                                                             
William Ward, Chief Executive Officer                                        
                                                                             
Hansard Communications                 +44 (0) 20 7245 1100                  
                                                                             
Adam Reynolds/Nicholas Nelson                                                

Notes to editors

VELUX 5 Oceans

The VELUX 5 Oceans is "the ultimate solo challenge". It is the longest and
toughest event, for any individual in any sport, taking place in a Grand Prix
series of points scoring legs between global stopovers, the course spanning
over 28,000 miles. The skippers push themselves and their yachts even harder
afloat, knowing they can use stopovers to make repairs. The pressure is still
on at the highly important stopovers where the skippers physically and mentally
regroup, fix their yachts, attend sponsor functions and raise their game for
the adrenalin of the restarts and plan new, challenging tactics around the
leader board scores. More people have climbed Mount Everest or been to the moon
than have completed a solo circumnavigation.

The VELUX 5 Oceans Race began as the BOC Challenge in 1982. It was the first
ever, regular single handed round the world race, and has been raced every four
years ever since.

The VELUX 5 Oceans Race has an enormous sporting heritage of endeavour and
achievement, including many peaks of excitement and dramatic rescues. It
consistently attracts a wide spread international entry list. The race has been
the making, and occasionally breaking, of the careers of many yachtsmen and
women. It has made heroes of little known skippers - such as Philippe Jeantot,
Giovanni Soldini, Jean-Luc van den Heede, Isabelle Autissier, Bernard Stamm and
Emma Richards, who was awarded an MBE as a result of becoming the first woman
and youngest ever competitor to complete the race.

The VELUX 5 Oceans Race 2006/07 will celebrate its 25th Jubilee year when it
starts in October 2006 from Bilbao in Spain.

Clipper Ventures Plc

This year marks the 36th anniversary of Sir Robin Knox-Johnston's historic solo
and non-stop circumnavigation. Now, as Chairman of Clipper Ventures PLC, he is
at the forefront of promoting round the world yacht racing. Clipper Ventures,
the marine sports company founded in 1995 and listed on AIM in 1999, is
focussed on developing and promoting major events capable of attracting
significant participation, income, media coverage and associated sponsorship
revenue. The company owns the rights to the Clipper Round the World Yacht Race,
the 5-Oceans solo grand prix next running in 2006, and Zapcat Racing, the
world's largest one-design powerboat series.

VELUX A/S

VELUX creates better homes by letting daylight and fresh air through the roof.
Our product basket contains a wide range of roof windows and skylights in many
sizes, types and variants as well as a whole family of decoration and
sunscreening products, roller shutters, installation products, remote control
units and solar panels for installation in the sloping roof. VELUX Technology
also supplies original VELUX components to our working partners in the field of
roof window sunscreening.

VELUX is one the strongest brands in the global building materials sector and
is sold around the world. The VELUX Group has production companies in 10
countries and sales companies in nearly 40 countries. The Group is owned by VKR
Holding A/S and, for competitive reasons, the financial results are
incorporated into the VKR Group's consolidated accounts. In 2004, the VKR
Group's total turnover was almost DKK 12.7 billion.

The core objective of the VELUX Group is described in the Model Company
Objective: "It is the Group's purpose to establish a number of Model Companies,
which cooperate in an exemplary manner. By Model Company we mean a company
working with products useful to society, which treats its customers, suppliers,
employees of all categories and shareholders better than most other companies.
A Model Company makes a profit, which can also finance growth and maintain
financial independence."

In the VELUX Group, results are achieved through united effort. Our core values
are commitment, mutual respect, improvements, local initiatives and
thoroughness. At the end of 2004, some 8,500 people were employed in the VELUX
Group.



END

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