Grand Banks Yachts today announced plans to release an
extraordinary new addition to its trawler-style Heritage Series in
Summer 2008. The Grand Banks
41 Heritage EU displays the same timeless lines and distinctive
"Europa" styling that have made
earlier models popular around the world for decades. But innovative
approaches to design,
production, and on-board technology make the 41EU a standout among its
GB predecessors and
new competitors alike.

The two-stateroom 41EU will be the first Grand Banks to utilize the
Zeus Propulsion System from
Cummins MerCruiser Diesel, a revolutionary new propulsion system
launched in 2006. The twin
Zeus pods, mounted in tunnels in the hull, are steerable and use
independent vectoring for
dramatically improved high-speed handling and easier docking. Cruising
speeds with twin
Cummins QSB5.9 diesels are estimated at 14 to 16 knots, with estimated
top speeds of 22 to 24
knots based on engine size.

The Zeus pod system provides two other important benefits: greater
fuel efficiency - with an
estimated 30% increased fuel economy at a higher cruising speed - and
more living space, with
the pods requiring less area devoted to the engine room than
traditional shaft drive systems.

"We have devoted considerable time and research to making the new 41EU
a top performer in all
respects, from handling and speed and fuel economy, to reliability and
seaworthiness, style and
comfort," Said Rob Livingston, President of Grand Banks Yachts. "We
were very impressed by
the Zeus drive, Cummins' Quantum engine technology, and their approach
to systems
integration. It opened up all kinds of opportunities to make this an
ideal boat for both new and
current GB owners."

Featuring an advanced joystick control system, Zeus also delivers
precise turning and closequarters
maneuvering, with a unique station-keeping feature that uses GPS
technology to keep
the 41EU firmly in place. It also maintains a fixed heading within a
tight area, even in strong
currents.

The 41 Heritage EU will be the first boat of her kind to utilize the
new Zeus system.

Grand Banks Yachts is bringing other advancements to the design and
construction of the 41EU.
Three different modified deep-V hull forms were exhaustively tank-
tested to optimize the design
for efficiency at both high and low speeds. The lines of the deckhouse
add contemporary
nuances to the iconic GB profile. And interior layouts continue the
company's recent trend toward
a more sophisticated, stylish living spaces.

Not to be overlooked, the new model's 41-foot size is itself of
notable importance. Since the
retirement of the best-selling 42 Heritage model in 2005, demand for a
new Grand Banks
Heritage Series model in the 40-foot range has grown strong among
consumers worldwide.

"Boaters will be amazed and impressed by what we have been able to
accomplish in a 41-foot
vessel," said Livingston. "With less space required for the engine
room, accommodations and
living areas are what you would expect from a much larger boat. There
really is nothing else like it
in her size."

Grand Banks will promote the 41EU throughout the fall boat show
season, and provide many
opportunities for interested boaters to learn more about this ground-
breaking new model before
its launch in Summer 2008.