X0202 3 2007-11-16 0 0000088095 SEA CONTAINERS LTD /NY/ SCRA 0001279913 MARATHON ASSET MANAGEMENT LLC 461 FIFTH AVENUE, 10TH FLOOR NEW YORK NY 10017 0 0 1 0 Class A Common Shares, par value $0.01 per share 2790000 I By: Marathon Special Opportunity Master Fund, Ltd. The Class A Common Shares, par value $0.01 per share (the "Class A Common Shares"), of Sea Containers Ltd. are held by Marathon Special Opportunity Master Fund, Ltd. (the "Fund"). Marathon Asset Management, LLC ("Marathon") serves as the investment manager of the Fund pursuant to an Investment Management Agreement between Marathon and the Fund. Marathon, in its capacity as the investment manager of the Fund, has sole power to vote and direct the disposition of all Class A Common Shares held by the Fund. Thus, for the purposes of Reg. Section 240.13d-3, Marathon is deemed to beneficially own 2,790,000 shares, or 10.7% of the deemed issued and outstanding Class A Common Shares as of November 16, 2007. Marathon's interest in such securities is limited to the extent of its pecuniary interest in the Fund, if any. /s/ Andrew Rabinowitz, Authorized Signatory of Marathon Asset Management, LLC 2007-11-26