Fugro N.V


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PRESS RELEASE
Leidschendam, The Netherlands, 18 November 2011

In addition to the paragraph on OBN in the trading update of 17 November 2011, Fugro reports the following:

The sale and purchase agreement with respect to Seabird Technologies AS and Seabed Navigation Co. Ltd., whereby the Ocean Bottom Nodes (OBN) activity of Seabird Exploration PLC is acquired, was signed today. The agreed purchase price is unchanged and amounts to USD 125 million on a cash and debt free basis. Closing is expected within a few weeks.

For further information: Fugro N.V. K.S. Wester, President and CEO Telephone +31 70 311 11 12

Fugro collects, processes and interprets data related to the earth's surface and soil composition and provides advice based on the results. As an extension to these activities, Fugro provides services such as precise positioning, construction materials testing, reservoir engineering and data management. Fugro's operations have been organised into three divisions: Geotechnical, Survey and Geoscience . Fugro is listed on Euronext Amsterdam and is included in the AEX-Index. Fugro has approximately 13,500 employees in more than fifty countries Fugro N.V. - P.O. Box 41 - 2260 AA - Leidschendam -The Netherlands - Tel: +31 70 3111422 - Fax: +31 70 3202703 - Trade Register: nr 27120091 ­ VAT Nr: 0056 21 409 B01 - ir@fugro.com







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