Statement re Thistle Alpha

Petrofac Limited 15 January 2008 PETROFAC LIMITED PRODUCTION RECOMMENCES ON THISTLE ALPHA Petrofac, as duty holder of the Thistle Alpha installation on behalf of Lundin Britain Limited (Lundin), a wholly owned subsidiary of Lundin Petroleum AB, can confirm that following a fire on the platform on 25 November 2007 which resulted in a suspension of operations, production of hydrocarbons resumed on Saturday 12th January 2008. Petrofac has been served with three notifications from the Health and Safety Executive (HSE) in relation to the incident. One notification, relating to the emergency response procedures on board the installation, has already been closed, the Company is working closely with the HSE and Lundin to remedy the remaining two notifications. The investigation into the incident is being undertaken jointly by Petrofac & Lundin in conjunction with the relevant authorities and specialists and is proceeding to plan. Ends For further information, please contact: Petrofac Limited +44 (0) 20 7811 4900 Keith Roberts, Chief Financial Officer Jonathan Low, Head of Investor Relations Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232 Ann-marie Wilkinson Olly Scott Notes to Editors 1. Thistle Alpha The Thistle Field is located approximately 523 km (325 miles) north-north east of Aberdeen In the northern North Sea. The Thistle Alpha installation comprises a steel jacket supporting a 3 deck platform, accommodation and heli-deck. 2. Petrofac Petrofac is a leading international provider of facilities solutions to the oil & gas production and processing industry, with a diverse customer portfolio including many of the world's leading integrated, independent and national oil & gas companies. Petrofac is quoted on the London Stock Exchange (symbol: PFC) and is a constituent of the FTSE 250 Index. Through its three divisions, Engineering & Construction, Operations Services and Energy Developments, Petrofac designs and builds oil & gas facilities; operates, maintains or manages facilities and trains personnel; and, where return criteria are met and service revenue synergies identified, co-invests with clients and partners. Petrofac's range of services allows it to help meet its customers' needs across the life cycle of oil & gas assets. With more than 9,500 employees, Petrofac operates out of four strategically located international centres, in Aberdeen, Sharjah, Woking and Mumbai and a further 16 offices worldwide. The predominant focus of Petrofac's business is on the UK Continental Shelf (UKCS), Africa, the Middle East, the Commonwealth of Independent States (CIS) and the Asia Pacific region. For additional information, please refer to the Petrofac website at www.petrofac.com. This information is provided by RNS The company news service from the London Stock Exchange
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