Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

1: Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

PETROFAC LTD

2: Reason for notification (yes/no)

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

X

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification

obligation:

Deutsche Bank AG

4. Full name of shareholder(s) (if different from 3.):

Deutsche Bank AG, London Branch

5. Date of the transaction (and date on which the threshold

is crossed or reached):

12/02/2016

6. Date on which issuer notified:

16/02/2016

7. Threshold(s) that is/are crossed or reached:

below 6%

8: Notified Details

A: Voting rights attached to shares

Class/type of share If possible use ISIN code

GB00B0H2K534

Situation previous to the triggering transaction

Number of shares

Number of voting rights

10,620,792

10,620,792

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Percentage ofvoting rights

Direct

Indirect

Direct

Indirect

10,267,480

10,267,480

0

2.97%

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired(if the instrument exercised/converted)

Percentage of voting rights

RIGHT TO RECALL

128,219

0.04%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

SWAPS

 02-Feb-17

9,559,256

Nominal

Delta

 2.76%

2.76%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

19,954,955

5.77%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

Deutsche Bank AG, London Branch - 5.77%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Alison Broughton

15. Contact telephone number:

020 7811 4900