Response to speculation

The Board of Management of Fugro confirms that it is in advanced discussions with its financing banks and potential investors. Fugro intends to release its Q3 trading update in due course and will provide an update at that point. This press release provides no certainty as to whether the parties will reach an agreement, or that a refinancing or equity offering will take place.

Further announcements will be made if and when required.

NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.

FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.