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 can be accessed by clicking here and it 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 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                         +44 (0) 20 7811 4900

Ayman Asfari, Group Chief Executive
Keith Roberts, Chief Financial Officer
Jonathan Low, Head of Investor Relations

Access the Petrofac Circular

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