Addition to Trading Update of 17 November 2011

In addition to the paragraph on OBN in the trading update of 17 November 2011, Fugro reports the following:

Leidschendam, The Netherlands
18 Nov 2011

The sale and purchase agreement with respect to Seabird Technologies AS and Seabed Navigation Co. Ltd., whereby the Ocean Bottom Nodes (OBN) activity of Seabird Exploration PLC is acquired, was signed today. The agreed purchase price is unchanged and amounts to USD 125 million on a cash and debt free basis. Closing is expected within a few weeks.

For more information

Media

Edward Legierse
media@fugro.com
+31 (0) 70 31 11129

Investors

Catrien van Buttingha Wichers
c.vanbuttingha@fugro.com
+31 703 115 335

 

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