Fugro N.V. — Capital/Financing Update 2016

Jan 8, 2016

Leidschendam, The Netherlands, 8 January 2016

Fugro concludes sale and lease back of two vessels

Fugro has entered into a sale and lease back agreement regarding its geotechnical vessels Fugro Scout and Fugro Voyager. The agreement has been established with ICON Investments for an initial lease term of 5 years. The lease back agreement allows for extension options, at the discretion of ICON, for a total term of 12 years.

The sale and lease back of the Fugro Scout took place on 24 December 2015 with the Fugro Voyager following two weeks later on 8 January 2016.

The net cash proceeds of the sale and lease back transaction of USD 106 million (EUR 97 million) will be fully applied to debt reduction. The lease back classifies as an operating lease.

Icon Investments is a leading alternative fund manager with approximately USD 2 billion under management, and a provider of customised investment solutions to international companies in asset intensive industries, including the offshore oil services market.

Clarksons Platou Leasing & Debt Solutions has acted as advisor to Fugro in this transaction.

Media Rob Luijnenburg r.luijnenburg@fugro.com +31 70 31 11129 +31 6 5534 7391

Investors Catrien van Buttingha Wichers c.vanbuttingha@fugro.com +31 70 31 15335 +31 6 1095 4159

Fugro creates value by acquiring and interpreting earth and engineering data and providing associated consulting services to support clients with their design and construction of infrastructure and buildings. Fugro also supports clients with the installation, repair and maintenance of their subsea infrastructure.

Fugro works around the globe, predominantly in energy and infrastructure markets offshore and onshore employing approximately 12,500 employees in over seventy countries. In 2014 Fugro's revenue amounted to EUR 2.6 billion; Fugro is listed on Euronext Amsterdam.