Holding(s) in Company

Petrofac Limited
09 October 2006


Petrofac Limited ('the Company')

9 October 2006

Following the expiry on 7 October 2006 of the first phase of the Company's Lock-
up arrangements put in place at  flotation, the Company was notified today that
on 9 October 2006, Petrofac ESOP Trustees Limited (PETL) disposed of  3,792,950
ordinary shares of the Company, resulting in PETL currently holding a total of
27,870,238 ordinary shares of  the Company, representing 8.07% of the Company's
issued share capital.  In addition, employees who held shares  directly and who
are also subject to the Lock-up provisions disposed of 1,804,736 shares.

None of these sales were on behalf of directors of Petrofac Limited or persons
discharging managerial responsibility.

Contact for enquiries

Petrofac Limited
Mary Hitchon           020 7811 4900



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