Acquisition

Petrofac Limited 02 December 2005 PETROFAC LIMITED On 30 August 2005, Petrofac Resources (Petrofac) announced that it had reached agreement with Centrica plc (Centrica) to acquire its 23.15% equity interest in the Hewett Field Unit area in the UK North Sea. The acquisition was subject to the approval of the Hewett partners and to the consent of the UK Department of Trade and Industry. Petrofac has been advised by Centrica that Tullow Oil UK Limited, Eni UK Limited and Eni LNS Limited have declined to consent to the sale to Petrofac and that they wish to acquire Centrica's interest on the same terms as negotiated by Petrofac. Accordingly, the obligations under the sale and purchase agreement between Centrica and Petrofac have lapsed. Ends For further information, please contact: Petrofac Limited +44 (0) 20 7471 3500 Ayman Asfari, Group Chief Executive Keith Roberts, Chief Financial Officer Robin Caiger, Head of Investor Relations Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232 Ann-Marie Wilkinson Geoff Callow Notes to Editors Petrofac is a leading international provider of facilities solutions to the oil and gas production and processing industry, with a diverse client portfolio including many of the world's leading integrated, independent and national oil and gas companies. Through its three divisions, Engineering & Construction (E&C), Operations Services (OS) and Resources, Petrofac designs and builds oil and gas facilities; operates, maintains or manages facilities and trains personnel; and, where return criteria are met and service revenue synergies identified, co-invests with clients and partners. Petrofac's range of services allows it to help meet its clients' needs across the life cycle of oil and gas assets. Petrofac operates out of four strategically placed international centres in Aberdeen, Scotland; Sharjah, UAE; Mumbai, India; and Woking, England, and has a further 13 offices worldwide, with approximately 5,500 employees. Petrofac's business is focused on the UK Continental Shelf (UKCS), the Middle East, North Africa and the Former Soviet Union (FSU). Through both organic growth and strategic acquisition, Petrofac's engineering, procurement and construction activities have been complemented with development planning and early stage engineering services, facilities management and training services and co-investment. For additional information, please refer to the Petrofac website at www.petrofac.com. This information is provided by RNS The company news service from the London Stock Exchange
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