End of Stabilisation

Petrofac Limited
07 October 2005


Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.


7th October 2005


End of stabilisation: Petrofac Limited


In connection with the Offer in relation to the following Ordinary Shares:

Petrofac Limited Ordinary Shares of US$0.025 each
ISIN Code: GB00B0H2K534

Subsequent to the earlier stabilisation notice published on 4th October 2005
(RNS number 1471S) in connection with the Offer of 149,939,286 ordinary shares
of US$0.025 of Petrofac Limited, Credit Suisse First Boston (Europe) Limited as
stabilisation manager hereby announces that the stabilisation period has now
ended.

Credit Suisse First Boston (Europe) Limited as stabilisation manager confirms
that it made no stabilisation trades.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Issuer in any jurisdiction.

This announcement and the offer of the securities to which it relates are only
addressed to and directed at persons outside the United Kingdom and persons in
the United Kingdom who have professional experience in matters related to
investments or who are high net worth persons within article 12(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
must not be acted on or relied on by other persons in the United Kingdom.

In addition, if and to the extent that this announcement is communicated in, or
the offer of the securities to which it relates is made in, any EEA Member State
that has implemented Directive 2003/71/EC (together with any applicable
implementing measures in any Member State, the "Prospectus Directive") before
the publication of a prospectus in relation to the securities which has been
approved by the competent authority in that Member State in accordance with the
Prospectus Directive (or which has been approved by a competent authority in
another Member State and notified to the competent authority in that Member
State in accordance with the Prospectus Directive), this announcement and the
offer are only addressed to and directed at persons in that Member State who are
qualified investors within the meaning of the Prospectus Directive (or who are
other persons to whom the offer may lawfully be addressed) and must not be acted
on or relied on by other persons in that Member State.

This announcement is not an offer of securities for sale into the United States.
The securities have not been, and will not be, registered under the United
States Securities Act of 1933 and may not be offered or sold in the United
States absent registration or an exemption from registration.  There will be no
public offer of securities in the United States.


Credit Suisse First Boston (Europe) Limited contacts: Tom Ahearne / Nick
Williams / Stephane Gruffat Telephone: [phone]


Stabilisation / FSA


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