The text on the memorial is:
THE STEAM FISHERY OF OSTEND TO THE BRITISH NATION AND THE TOWN OF MILFORD HAVEN
IN GRATEFUL MEMORY OF THE RESIDENCE HERE
19-14 - 1919
ERECTED BY STEAM TRAWLER OWNERS AND PEOPLE OF OSTEND WHO WERE RESIDENT IN THIS TOWN DURING THE GREAT WAR 1914 - 1919 AS A MARK OF GRATITUDE TO THE BRITISH NATION IN GENERAL AND THE PEOPLE OF MILFORD HAVEN IN PARTICULAR FOR THE HOSPITALITY RECEIVED HERE DURING THE PERIOD OF EXILE FROM BELGIUM
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