The Netherlands: SBM CFO to Step Down

Mr Mark Miles and the Supervisory Board of SBM Offshore have mutually agreed that he will not stand for re-election at the next AGM on 16 May 2012.

The Supervisory Board will take steps to arrange for Mr Miles’ succession.

Until such time Mr Miles has agreed to continue as CFO of the Company.

[mappress]

LNG World News Staff, January 24, 2012