Date: 3rd November 2017
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Saipem Finance International B.V.
Post-stabilisation Period Announcement
IF STABILISATION CARRIED OUT
Further to the pre-stabilisation period announcement dated 27th October 2017, BNP Paribas, contact: Rupert Lewis telephone: 020 7595 8222 hereby gives notice that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) / and of the rules of the Financial Conduct Authority) in relation to the offer of the following securities, as set out below.
| Issuer: | Saipem Finance International B.V. |
| Guarantor (if any): | Saipem (Portugal) - Comércio Marítimo, Sociedade Unipessoal Lda. , Saipem SA, Sofresid SA , Saipem Limited , Saipem Offshore Norway AS, Saipem Drilling Norway AS, Saipem Contracting Netherlands B.V., Global Petroprojects Services AG and Saipem S.p.A., as per the Base Prospectus dated 2nd August 2017, as supplemented by the Supplement dated 26th October 2017 |
| Aggregate nominal amount: | Eur 500,000,000 |
| Description: | 2.625 per cent Notes due 2025 XS1711584430 |
| Stabilisation Manager(s): | BNP Paribas |
| Offer price: | 100 |
| Stabilisation started: | 27/10/17 |
| Stabilisation last occurred: | 2/11/17 |
| Stabilisation trading venue: | OTC |
For each of the dates during which stabilisation transactions were carried out, the price range was as follows:]
| Date | Lowest Price | Highest Price |
| 27/10/17 | 99.75 | 100.125 |
| 30/10/17 | 100.05 | 100.15 |
| 31/10/17 | 100.25 | 100.39 |
| 1/11/17 | 100.55 | 100.55 |
| 2/11/17 | 100.67 | 100.80 |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
