November 29, 2007  
SEA CONTAINERS: SeaCon Ltd. Files Sept. 2007 Operating Report


                     Sea Containers, Ltd.
                    Unaudited Balance Sheet
                    As of September 30, 2007

                            Assets

Current Assets
   Cash and cash equivalents                  US$42,482,514
   Trade receivables, less allowances
     for doubtful accounts                          394,923
   Due from related parties                         711,255
   Prepaid expenses and other current as            540,013
                                               ------------
      Total current assets                       44,128,705

Fixed assets, net                                         -


Long-term equipment sales receivable, net                 -
Investments in group companies                  143,546,856
Intercompany receivables                                  -
Investment in equity ownership interests        220,170,010
Other assets                                      3,941,292
                                               ------------
Total assets                                 US$411,786,863

               Liabilities and Shareholders' Equity

Current Liabilities
   Accounts payable                               5,424,386
   Accrued expenses                              55,840,265
   Current portion of long-term debt            172,107,141
   Current portion of senior notes              385,351,436
                                               ------------
     Total current liabilities                  618,723,228

Total shareholders' equity                     (206,936,365)
                                               ------------
Total liabilities and shareholders' equity   US$411,786,863


                       Sea Containers, Ltd.
                Unaudited Statement of Operations
             For the Month Ended September 30, 2007

Revenue                                            (947,966)

Costs and expenses:
   Operating income                                 167,601
   Selling, general and
    administrative expenses                      (3,488,212)
   Professional fees                             (3,752,843)
   Charges to provide against
     intercompany accounts                       (1,233,807)
   Impairment of investment in subsidy Co.                -
   Forgiveness of intercompany debt                       -
   Depreciation and amortization                          -
                                               ------------
     Total costs and expenses                    (8,307,261)
                                               ------------

Gain or (Loss) on sale of assets                   (127,181)
                                               ------------
Operating income (loss)                          (9,382,408)

Other income (expense)
   Interest income                                  171,764
   Foreign exchange gains or (losses)                 5,810
   Interest expense, net                         (4,696,684)
                                               ------------
Income (Loss) before taxes                      (13,901,518)
Income tax expense                               (6,014,000)
                                               ------------
Net (Loss)                                    (US$19,915,518)

Headquartered in Hamilton, Bermuda, Sea Containers Ltd. --
http://www.seacontainers.com/ -- provides passenger and freight
transport and marine container leasing.  Registered in Bermuda,
the company has regional operating offices in London, Genoa, New
York, Rio de Janeiro, Sydney, and Singapore.  The company is
owned almost entirely by United States shareholders and its
primary listing is on the New York Stock Exchange (SCRA and
SCRB) since 1974.  On Oct. 3, the company's common shares and
senior notes were suspended from trading on the NYSE and NYSE
Arca after the company's failure to file its 2005 annual report
on Form 10-K and its quarterly reports on Form 10-Q during 2006
with the U.S. Securities and Exchange Commission.

Through its GNER subsidiary, Sea Containers Passenger Transport
operates Britain's fastest railway, the Great North Eastern
Railway, linking England and Scotland.  It also conducts ferry
operations, serving Finland and Estonia as well as a commuter
service between New York and New Jersey in the U.S.

Sea Containers Ltd. and two subsidiaries filed for chapter 11
protection on Oct. 15, 2006 (Bankr. D. Del. Case No. 06-11156).
Edmon L. Morton, Esq., Edwin J. Harron, Esq., Robert S. Brady,
Esq., Sean Matthew Beach, Esq., and Sean T. Greecher, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in
their restructuring efforts.

The Official Committee of Unsecured Creditors and the Financial
Members Sub-Committee of the Official Committee of Unsecured
Creditors of Sea Containers Ltd. is represented by William H.
Sudell, Jr., Esq., and Thomas F. Driscoll, Esq., at Morris,
Nichols, Arsht & Tunnell LLP.  Sea Containers Services, Ltd.'s
Official Committee of Unsecured Creditors is represented by
attorneys at Willkie Farr & Gallagher LLP.  In its schedules
filed with the Court, Sea Containers disclosed total assets of
$62,400,718 and total liabilities of $1,545,384,083.  The
Debtors' exclusive period to file a chapter 11 plan expires on
Dec 21, 2007.  (Sea Containers Bankruptcy News, Issue No. 30;
Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/ or  215/945-7000).



   
   
   
   
   
   

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