Holding(s) in Company

Petrofac Limited
10 October 2005

                           Petrofac Ltd ("Petrofac")

                   Notification of Major Interests in Shares

Following the admission of the ordinary shares of Petrofac to listing on the
Official List of the UK Listing Authority on 7 October 2005 ("Admission"),
Petrofac was notified on 10 October 2005 of the following interests in its
ordinary shares existing at Admission:


Registered Holder         Beneficial Holder                    Number of ordinary    Percentage of issued
                                                               shares                share capital


Legis Trust Limited       Trustee of Lamia Trust (1)           69,282,114                     20.07%
Legis Trust Limited       Trustee of Nola Trust (2)            34,068,799                      9.87%
Legis Trust Limited       Trustee of Alima Trust               21,355,157                      6.19%
Petrofac ESOP Trustees    Certain employees including certain  38,447,152                     11.14%
Ltd                       Directors and persons discharging
                          managerial responsibilities who
                          acquired shares as a result of their
                          participation in the Petrofac
                          Limited Executive Share Scheme and/
                          or the Petrofac Limited Long-Term
                          Incentive Plan



(1)     Trust of which Ayman Asfari, Director, and his close family are 
        beneficiaries

(2)     Trust of which Maroun Semaan, Director, and his close family are 
        beneficiaries



Contact for enquiries:

Richard Milne                                    020 7471 3509








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