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Fugro N.V. Capital/Financing Update 2006

May 9, 2006

3845_iss_2006-05-09_aae814c3-b0b5-4249-9184-ca72b09c2fdf.pdf

Capital/Financing Update

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PRESS RELEASE

FUGRO

Leidschendam, the Netherlands, 9 May 2006

New ROV Subsea Support Vessel for Fugro

Fugro has signed a long term charter agreement (with a purchase option per 2013) with E Forland Shipowners for a new-build ROV offshore construction and subsea support vessel. The vessel will be delivered in February 2008 and is largely based on the same design as the earlier announced new seismic vessel 'Geo Celtic', which has been chartered for the long term by Fugro.

The new vessel, named 'Fugro Saltire', will enhance Fugro's ROVSV fleet and allow it to provide a wider range of subsea support and inspection, repair and maintenance services to its clients. With a length of 110 meters and a 150 ton heave compensated crane, the vessel will be equipped with minimum two of Fugro's next generation FCV3000 ROVs with state of the art positioning, construction support, and inspection survey technology.

Following the recent commitments to new-build ROVs, the agreement for this vessel is in line with Fugro's intent to grow its position in the ROV and subsea support industry. The vessel is designed to operate worldwide through Fugro's worldwide network of operating companies and will meet the highest safety and environmental standards.

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

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Fugro N.V. P.O. Box 41 2260 AA Leidschendam The Netherlands Tel: +31703111422 Fax: +31703202703 [email protected] 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 9,000 staff and a permanent presence in over 50 countries.

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