Fugro N.V. — Capital/Financing Update 2005

Nov 28, 2005

PRESS RELEASE

FUGRO

Leidschendam, the Netherlands, 28 November 2005

Expansion of Fugro's seismic fleet

Today Fugro has signed a long term charter agreement with E. Forland Shipowners for a new-build 3-D seismic vessel (Geo Celtic) that will be ready for work by mid 2007. The deck design of the vessel is developed to meet Fugro's specification to accommodate to be ordered new seismic equipment which incorporates the latest technology (a.o. suitable for 4-D). All seismic equipment on the Geo Celtic will be Fugro owned.

Together with the earlier announced long term charter of the Geo Atlantic (ex Polar King), which vessel will be available as of May 2006 after it has been converted, this is an important further step for Fugro to achieve the modernisation of the fleet and to reach the intended capacity of approximately eight vessels for marine seismic work.

At present, Fugro has nine seismic vessels in operation, of which three in joint venture with Exploration Resources and six owned or on charter.

For further information:

Fugro N.V.

K.S. Wester,

President and CEO

Telephone +31 70 311 11 22

Fugro N.V.

P.O. Box 41

2260 AA

Leidschendam

The Netherlands

Tel: +31703111422

Fax: +31703202703

in@fugro.com

www.fugro.com

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 organized into three divisions: Geotechnical, Survey and Geoscience.

Fugro is listed on Euronext N.V. in Amsterdam and is included in the Amsterdam Midkap Index. Fugro has over 275 offices, approximately 8,000 staff and a permanent presence in over 50 countries.

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