Acergy S.A. Annual General Meeting and dividend effect on Convertible Notes

London, England - May 28, 2010 - Acergy S.A. (NASDAQ-

GS: ACGY; Oslo Stock Exchange: ACY), advises that at

the Annual General Meeting of shareholders on May 28,

2010, all resolutions were approved by shareholders.

The payment of a dividend of $0.23 per common share

for shareholders of record on June 3, 2010 was

approved. The first trading date ex-dividend will be

June 1, 2010 and the date of payment of dividend will

be June 18, 2010 to holders of common shares and June

23, 2010 for holders of our ADRs.

Accordingly, the Company would like to inform holders

of convertible bonds that, in accordance with clause

6B3 of the terms and conditions of the convertible

bond, the new conversion price of the Bonds will be

$22.37.

The minutes of the Annual General Meeting detailing

the resolutions proposed and the result of the poll

on resolutions is attached hereto.

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Acergy S.A. is a seabed-to-surface engineering and

construction contractor to the offshore oil and gas

industry worldwide. We provide integrated services,

and we plan, design and deliver complex projects in

harsh and challenging environments.

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Contact:

Karen Menzel

Acergy S.A.

+44 (0)20 8210 5568

www.acergy-group.com

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