Leidschendam, the Netherlands, 20 Jul 2010

Fugro N.V. today announced that it has entered into an agreement to purchase USD 20 million worth of senior secured bonds issued by Electromagnetic Geoservices ASA (EMGS). This represents Fugro’s continuing interest to establish marine electromagnetics as a valuable tool in oil and gas exploration. The callable bonds yielding quarterly coupons of LIBOR + 8% have a nominal duration of 3.5 years and are secured against revenue from the programme of work for PEMEX recently awarded to EMGS.

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Source : Fugro N.V.

Type : Corporate Press Release

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Fugro N.V.

Leidschendam

www.fugro.com