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Fugro N.V. M&A Activity 2011

Apr 5, 2011

3845_iss_2011-04-04_5078dab7-f625-493c-abe4-5171af85548e.pdf

M&A Activity

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PRESS RELEASE

Leidschendam, the Netherlands, 4 April 2011

FUGRO ACQUIRES BLUESTONE OFFSHORE PTE LTD

Fugro has reached agreement with Reef Subsea AS to acquire Bluestone Offshore Pte Ltd and its subsidiaries.

Bluestone Offshore Pte Ltd is a specialist provider of geotechnical services in Southeast Asia and Australia and currently operates one chartered DP deepwater geotechnical vessel in the region. The staff of approximately 40 also provides laboratory and engineering services in their office in Singapore. The office will be consolidated into Fugro's existing operations in Singapore.

Revenues for Bluestone Offshore for 2010 were in the order of USD 20 million.

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.

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 - [email protected]