Circular posted to Shareholders

4 March 2010

                               Petrofac Limited                                

                        Circular posted to Shareholders                        

Petrofac Limited (the "Company") is pleased to announce that a circular (the
"Circular") has today been posted to shareholders of the Company.

The Circular contains the notice of an Extraordinary General Meeting ("the
Meeting") of the Company to consider and, if thought fit, to approve a
resolution reorganising the Company's share capital in connection with the
proposed demerger of Petrofac Energy Developments Limited to EnQuest PLC.

The Meeting will be held at the offices of J.P. Morgan Cazenove Limited at 20
Moorgate, London EC2R 6DA on 29 March 2010 at 10.00 a.m.

The Circular will shortly be available for inspection at the following
locations:

UK Listing Authority's document viewing facility

Financial Services Authority,

25 The North Colonnade,

Canary Wharf,

London E14 5HS

The Company's website

www.petrofac.com

The Company's registered office

Whiteley Chambers

Don Street

St Helier

JE4 9WG

Freshfields Bruckhaus Deringer LLP

65 Fleet Street

London

EC4Y 1HS

For further information, please contact:

Petrofac Limited [phone]

Ayman Asfari, Group Chief Executive

Keith Roberts, Chief Financial Officer

Jonathan Low, Head of Investor Relations