EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS SCHIEDAM,

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News Desk 2018
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

SCHIEDAM, Netherlands, Oct. 19, 2016 (GLOBE NEWSWIRE) -- The invitation and agenda of an Extraordinary General Meeting of Shareholders (EGM) of SBM Offshore NV have been published on the Company's website.  The EGM will be held at the Hilton Hotel at Amsterdam Schiphol Airport on November 30, 2016 at 14.30.  The EGM's only topic is the appointment of Mr. Douglas Wood as Management Board member.

EGM documentation can be found by clicking on the below link:

http://www.sbmoffshore.com/investor-relations...gs/2016-3/

Corporate Profile

SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam.  It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore group ("the Company").

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product life-cycle.  The Company is market leading in leased floating production systems with multiple units currently in operation and has unrivalled operational experience in this field.  The Company's main activities are the design, supply, installation, operation and the life extension of Floating Production, Storage and Offloading (FPSO) vessels.  These are either owned and operated by SBM Offshore and leased to its clients or supplied on a turnkey sale basis.

As of December 31, 2015, Group companies employed approximately 7,000 people worldwide.  Full time company employees (4,900) are spread over five regional centers, eleven operational shore bases and the offshore fleet of vessels.  A further 2,100 are working for the joint ventures with several construction yards.  Please visit our website at www.sbmoffshore.com .

The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate entities.  In this communication "SBM Offshore" is sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies.

The Management Board Amsterdam, The Netherlands, October 19, 2016

Financial Calendar Date Year
Trading Update 3Q 2016 - Press Release November 9 2016
Extraordinary General Meeting of Shareholders November 30 2016
Full-Year 2016 Earnings - Press Release February 8 2017
Annual General Meeting of Shareholders April 13 2017
Trading Update 1Q 2017 - Press Release May 10 2017
Half-Year 2017 Earnings - Press Release August 8 2017

For further information, please contact:

Investor Relations Bert-Jaap Dijkstra Director of Investor Relations

Mobile: +31 (0) 6 2114 1017
E-mail: bertjaap.dijkstra@sbmoffshore.com
Website: www.sbmoffshore.com

Media Relations Vincent Kempkes Head of Communications

Telephone: +31 (0) 20 2363 170
Mobile: +31 (0) 6 25 68 71 67
E-mail: vincent.kempkes@sbmoffshore.com
Website: www.sbmoffshore.com

Disclaimer

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.  Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements.  Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Company's business to differ materially and adversely from the forward-looking statements.  Certain such forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "may", "will", "should", "would be", "expects" or "anticipates" or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected.  SBM Offshore NV does not intend, and does not assume any obligation, to update any industry information or forward-looking statements set forth in this release to reflect subsequent events or circumstances.  Nothing in this press release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities.

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS http://hugin.info/130754/R/2049770/766585.pdf

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