Re Contract

24 February 2011 ROLLS-ROYCE WINS £50M DEEP WATER ANCHOR HANDLING EQUIPMENT CONTRACT Rolls-Royce, the global power systems company, has been awarded a contract by STX OSV Trading to supply technologically advanced anchor handling systems. The equipment will be installed on three vessels operated by offshore services company Norskan for use in deep water oil and gas fields off the coast of Brazil. The contract is valued at over £50 million and includes the supply of a range of innovative Rolls-Royce technologies. Arne Tande, Rolls-Royce, Senior Vice President - Offshore Deck Machinery, said: "The focus of oil and gas exploration and development is moving towards deeper water. Rolls-Royce is particularly well positioned in this sector, supplying world leading technology that enables companies to operate safely in challenging conditions. This contract demonstrates that our safety-critical technology is trusted to deliver when it matters, ensuring that offshore companies can fulfil their demanding missions." The anchor handling technology being supplied includes a unique rope tensioner system, which enables the safe transfer and storage of rope that connects anchors many thousands of metres below sea level. The contract also features Rolls-Royce's specialist winches, which are designed for the manoeuvre and installation of torpedo anchors. At up to 130 tonnes each, torpedo anchors penetrate the seabed, giving a secure fixing for the heavy-duty mooring lines used to keep oil platforms in position. The powerful winches are each capable of handling anchors at depths of approximately 3,000 metres. Delivery of equipment, to the STX OSV Niteroi shipyard, will begin in 2012. Notes to Editors 1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy. 2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,500 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines. 3. Annual underlying revenues were over £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £59.2 billion at 31 December 2010, providing visibility of future levels of activity. 4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers. 5. In 2010, Rolls-Royce invested £923 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions. 6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research. 7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. 8. The Marine business of Rolls-Royce employs 9,000 people in 34 countries with the main manufacturing centres being in the UK, the Nordic countries, the United States and increasingly Asia. 9. Rolls-Royce is a world leader in marine solutions, providing products, service and expertise to more than 30,000 vessels in the offshore, merchant, naval surface and submarine markets. It designs ships and its product range includes propulsion systems featuring diesel engines and gas turbines, propellers, thrusters and water jets. Rolls-Royce also provides manoeuvring and stabilising systems and deck machinery. For further information, please contact: Investor relations: Mark Alflatt Director of Financial Communications Rolls-Royce plc Tel: +44 (0)20 7227 9237 mark.alflatt@rolls-royce.com Media relations: Josh Rosenstock Head of Corporate Communications Rolls-Royce plc Tel: +44 (0)20 7227 9163 josh.rosenstock@rolls-royce.com www.rolls-royce.com
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