Holding(s) in Company

Petrofac Limited
17 January 2006



Petrofac Ltd
17 January 2006

The Company was notified on 16 January 2006 in accordance with Article 13.1 of
the Company's Articles of Association that as at 13 January 2006, Morgan Stanley
Securities Limited ("MSSL") disposed of an interest in the Company's ordinary
shares ("shares") that resulted in their holding a total of 12,411,501 shares,
representing approximately 3.60% of the issued share capital of the Company.

The Company was also notified that MSSL has transferred from time to time
10,030,358 shares to third parties, which give them the right to require the
return of an equivalent number of shares. Accordingly, their interest in
10,030,358 shares is pursuant to Section 208(5) of the Companies Act 1985.

Contact for enquiries:
Petrofac Ltd                                              020 7471 3500
Robin Caiger           Head of Investor Relations
Mary Hitchon           Secretary to the Board




                      This information is provided by RNS
            The company news service from the London Stock Exchange