Holding(s) in Company

Petrofac Limited
27 March 2008



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

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 (iii):

Legis Trust Limited as Trustees of the Lamia Trust


4. Full name of shareholder(s) (if different from 3.) (iv):

.................


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

25th March 2008


6. Date on which issuer notified:

26th March 2008


7. Threshold(s) that is/are crossed or reached:

19%, 18%, 17%, 16%


8. Notified details:

.................



A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                                       transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)

Ordinary                                  69,282,114                69,282,114
GB00B0H2K534



Resulting situation after the triggering transaction (vii)

Class/type of shares if     Number of     Number of voting       % of voting
possible using the ISIN     shares        rights (ix)            rights
CODE

                            Direct        Direct (x)    Indirect Direct Indirect
                                                        (xi)

Ordinary                    55,282,114    55,282,114       0     16%       0


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of     Expiration Exercise/       Number of voting rights that may  % of
financial   Date       Conversion      be acquired if the instrument is  voting
instrument  (xiii)     Period/ Date    exercised/ converted.             rights
                       (xiv)



Total (A+B)
Number of voting rights                      % of voting rights

55,282,114                                   16%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Legis Trust Limited as Trustees of the Lamia 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:

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:

Lucille Dolor


15. Contact telephone number:

[phone]




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