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Subsea 7 Director's Dealing 2010

Feb 10, 2010

6244_dirs_2010-02-10_38873f38-fa1f-43a7-aa5d-a9c5a5f793ff.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, Barry Mahon, being a Primary Insider of Subsea 7 Inc. exercised 50,000 share options at an exercise price of 29.49 NOK per option and sold 50,000 shares in Subsea 7 Inc. at a price of 103.61 NOK per share.

Following this transaction I hold 128,333 restricted share awards in Subsea 7 Inc.

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Subsea 7 — Director's Dealing 2010

6244_dirs_2010-02-10_38873f38-fa1f-43a7-aa5d-a9c5a5f793ff.pdf

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Subsea 7 Director's Dealing 2010