Subsea 7 - Director's Dealing 2015

Subsea 7 S.A. Mandatory notification of trade

Luxembourg - 20 November 2015 - Subsea 7 S.A. (Oslo

Børs: SUBC, ADR: SUBCY) announces mandatory

notification of transaction by primary insider Keith

Tipson.

PURCHASE OF SHARES

Name of Primary Insider: Keith Tipson

Position in Subsea 7 SA: Executive Vice President

Human Resources

Date of Transaction: 19/11/2015

Type of Transaction: Exercise of share option

Type of Security traded: Subsea 7 S.A. shares

Number of shares purchased: 17,019

Price purchased at: 67.75 NOK

SALE OF SHARES

Name of Primary Insider: Keith Tipson

Position in Subsea 7 SA: Executive Vice President

Human Resources

Date of Transaction: 19/11/2015

Type of Transaction: Sale of shares

Type of Security traded: Subsea 7 S.A. shares

Number of shares sold: 17,019

Price sold at: 70.2175 NOK

AFTER THIS NOTIFICATION

Number of Shares owned by Primary Insider: Owned

Shares 21,931; Performance Shares 73,500; Restricted

Shares Nil

Number of options available to Primary Insider:

Options 44,481

Contact for investment community enquiries:

Isabel Green

Investor Relations Director

Tel +44 (0)20 8210 5568

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