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Subsea 7 Director's Dealing 2010

Feb 10, 2010

6244_dirs_2010-02-10_34b8d471-c71a-4bad-aa5b-0e68ce2457f7.pdf

Director's Dealing

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SUBSEA 7 INC.

PRIMARY INSIDER NOTIFICATION FORM

EXERCISE OF OPTIONS AND IMMEDIATE SALE OF UNDERLYING SHARES

Please be advised that on 10 February 2010 I, David Cassie, being a Primary Insider of Subsea 7 Inc. exercised 12,000 share options at an exercise price of 29.49 NOK per option and sold 12,000 shares in Subsea 7 Inc. at a price of 103.61 NOK per share.

Following this transaction I hold 135,000 restricted share awards in Subsea 7 Inc.

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Subsea 7 — Director's Dealing 2010

6244_dirs_2010-02-10_34b8d471-c71a-4bad-aa5b-0e68ce2457f7.pdf

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Subsea 7 Director's Dealing 2010