Fugro N.V. — Capital/Financing Update 2010

Jul 21, 2010

PRESS RELEASE

Leidschendam, the Netherlands, 20 July 2010

Fugro Signs Loan Agreement with EMGS

Fugro N.V. today announced that it has entered into an agreement to purchase USD 20 million worth of senior secured bonds issued by Electromagnetic Geoservices ASA (EMGS). This represents Fugro's continuing interest to establish marine electromagnetics as a valuable tool in oil and gas exploration. The callable bonds yielding quarterly coupons of LIBOR + 8% have a nominal duration of 3.5 years and are secured against revenue from the programme of work for PEMEX recently awarded to EMGS.

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 organized 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