Holding(s) in Company

Petrofac Limited 24 April 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 Trustee 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): 22nd April 2008 6. Date on which issuer notified: 23rd April 2008 7. Threshold(s) that is/are crossed or reached: 16% and 15% 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 55,282,114 55,282,114 GB00B0H2K534 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting rights possible using the ISIN shares rights (ix) CODE Direct Direct (x) Indirect Direct Indirect (xi) Ordinary 51,282,114 51,282,114 0 14.845% 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 51,282,114 14.845% 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 Trustee 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: +44(0)207 811 4900 This information is provided by RNS The company news service from the London Stock Exchange
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