Circular posted to Shareholders

4 Mar 2010 16:26

4 March 2010 Petrofac Limited 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 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 5HSThe Company's websitewww.petrofac.com

The Company's registered office

Whiteley ChambersDon StreetSt HelierJE4 9WG

Freshfields Bruckhaus Deringer LLP

65 Fleet StreetLondonEC4Y 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