Holding(s) in Company

Petrofac Limited 09 August 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Petrofac Limited 2. Reason for the notification (please place an X inside the appropriate bracket /s): An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) ................. 3. Full name of person(s) subject to the notification obligation: Legis Trust Limited as Trustee of the Alima Trust 4. Full name of shareholder(s) (if different from 3.) : ................. 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 17 November 2006 6. Date on which issuer notified: 9 August 2007 7. Threshold(s) that is/are crossed or reached: Below 6% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible Situation previous to the using the ISIN CODE Triggering transaction Number of Number of voting shares Rights Ordinary 21,355,157 21,355,157 GB00B0H2K534 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect Ordinary 14,255,157 14,255,157 0 4.13% 0% GB00B0H2K534 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B) Number of voting % of voting rights rights 14,255,157 4.13% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : Legis Trust Limited as Trustee of the Alima Trust Proxy Voting: 10. Name of the proxy holder: Not applicable 11. Number of voting rights proxy holder will cease to hold: Not applicable 12. Date on which proxy holder will cease to hold voting rights: Not applicable 13. Additional information: This notification replaces a previous, incorrect notification dated 9 July 2007 made in relation to the Legis Trust as Trustee of the Alima Trust. The notification made on 9 July 2007 (i) did not reflect a distribution of 7,100,000 shares by the Alima Trust on 17 November 2006 and (ii) included the holding of an undertaking not subject to the control of Legis Trust Limited as Trustee of the Alima Trust. Petrofac Limited currently has 345,434,858 shares in issue and each share has one vote. The Company has no treasury shares. 14. Contact name: Mary Hitchon 15. Contact telephone number: +44 207 811 4923 This information is provided by RNS The company news service from the London Stock Exchange
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