Fugro N.V. — M&A Activity 2011

May 2, 2011

Leidschendam, the Netherlands, 2 May 2011

FUGRO ACQUIRES JDR CABLE SYSTEMS HOLDINGS NETHERLANDS BV

Fugro has reached agreement with JDR Cable Systems (Netherlands) Ltd to acquire JDR Cable Systems Holdings Netherlands BV and its marine cable subsidiary JDR Cable Systems BV, together comprising JDR's Marine Cables division.

JDR Marine Cables designs and produces special marine cables for oil and gas (subsea lead-in cables, array cables, control cables), geophysical (airgun umbilicals, lead-ins) and defense (towed arrays) market segments. The facility is based close to Rotterdam in the Netherlands, and the division has around 110 employees. The division will operate as an independent unit and aims to further develop its current range of products and services and to continue the supply to all its clients.

Current annual revenues of the company are in the order of Euro 25 million. The division will be renamed to De Regt Marine Cables.

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.