Director/PDMR Shareholding

23 Apr 2008 14:00

Petrofac Limited23 April 2008 Petrofac Limited Directors/PDMR Shareholdings In accordance with DTR 3.1.2, Petrofac Limited (the "Company") was today notified of the following transactions in the Company's ordinary shares of US$0.025 each: 1. That the Lamia Trust (the "Trust"), a trust in which a director of the Company, Ayman Asfari is a beneficiary, sold 4,000,000 shares on 22 April 2008 at £6.15 per share. 2. That Mr Asfari sold 1,500,000 shares on 22 April 2008 at £6.15 per share. Neither the Trust nor Mr Asfari have sold shares since the Initial Public Offering in October 2005 and the transactions set out above represent less than 8% of Mr Asfari's beneficial holding prior to the sale. Mr Asfari's total beneficial holding following the above transactions is 63,782,114 representing 18.46% of the current shares in issue. The Company has 345,434,858 shares in issue as at today's date and all shares have equal voting rights. Ends For further information, please contact: Petrofac Limited +44 (0) 20 7811 4900Jonathan Low, Head of Investor Relations Bell Pottinger Corporate & Financial +44 (0) 20 7861 3232Ann-marie WilkinsonOlly Scott This information is provided by RNS The company news service from the London Stock Exchange