1. Rev.11 : January 2006 GENERAL PRESENTATION GENERAL PRESENTATION

2. Rev.11 : January 2006 S UMMARY D ISCIPLINES / A CTIVITIES D ISCIPLINES / A CTIVITIES D ISCIPLINES / A CTIVITIES D ISCIPLINES / A CTIVITIES O RGANISATION O RGANISATION O RGANISATION O RGANISATION F INANCIAL D ATA F INANCIAL D ATA F INANCIAL D ATA F INANCIAL D ATA H UMAN R ESOURCES H UMAN R ESOURCES H UMAN R ESOURCES H UMAN R ESOURCES Q UALITY / S AFETY Q UALITY / S AFETY Q UALITY / S AFETY Q UALITY / S AFETY R EFERENCES R EFERENCES R EFERENCES R EFERENCES H ISTORY H ISTORY

3. Rev.11 : January 2006 www.ponticelli.com FOUNDED IN 1921 BY THREE BROTHERS OF PONTICELLI FAMILY FIRST ACTIVITY : ERECTION AND MAINTENANCE OF INDUSTRIAL CHIMNEYS AFTER 1945, CREATION OF A PIPING DIVISION ALLOWING THE ERECTION OF COMPLETE INSTALLATIONS SINCE 1955, CREATION OF VARIOUS REGIONAL AGENCIES DEDICATED TO MAINTENANCE OF INDUSTRIAL UNITS NOWADAYS, INCREASE AND DIVERSIFICATION OF ACTIVITIES BOTH IN FRANCE AND ABROAD Back to the Summary H ISTORY

4. Rev.11 : January 2006 www.ponticelli.com Back to the Summary R IGGING - L IFTING R IGGING - L IFTING D ISCIPLINES P IPING - B OILERWORK P IPING - B OILERWORK M ECHANICAL - M ACHINING M ECHANICAL - M ACHINING C ONSTRUCTION C ONSTRUCTION M AINTENANCE M AINTENANCE A CTIVITIES

5. Rev.11 : January 2006 www.ponticelli.com MORE THAN 80 CRANES UP TO A CAPACITY OF 650 TONS SPECIALIST DIVISION COMPRISING PEOPLE WITH INTERNATIONALLY RECOGNISED EXPERTISE SKIDDING, ROLLING, JACKING AND HOISTING OPERATIONS PONTICELLI - COCHEZ R IGGING - L IFTING DISCIPLINES

6. Rev.11 : January 2006 www.ponticelli.com P IPING - B OILERWORK UP TO 1,200 TONS PER MONTH OF PIPING PREFABRICATION CAPACITY NUMEROUS BRANCHES CLOSE TO THE INDUSTRIAL AREAS CAPACITY AND COMPETENCE TO UNDERTAKE PROJECTS OF ALL SIZES IN FRANCE AND ABROAD PONTICELLI DISCIPLINES

7. Rev.11 : January 2006 www.ponticelli.com M ECHANICAL - M ACHINING MODERN AND HIGH PERFORMANCE WORKSHOPS EXPERTISE BOTH IN MAINTENANCE AND ERECTION WORKS DESIGN, FABRICATION OF SPECIAL EQUIPMENT DISCIPLINES PONTICELLI - CMM - PMM SMRI - PRESTAMECA - PVI

8. Rev.11 : January 2006 www.ponticelli.com PROJECTS IN FRANCE, EUROPE AND ABROAD REVAMPING E.P.C. CONTRACTS OFFSHORE SKIDS AND MODULES FABRICATION HOOK-UP OPERATIONS C ONSTRUCTION PONTICELLI ACTIVITIES

9. Rev.11 : January 2006 www.ponticelli.com SOME LONG-TERM MAINTENANCE CONTRACTS SHUT-DOWN WORKS AS GENERAL CONTRACTOR WITH OR WITHOUT SCHEDULING AND PREPARATION M AINTENANCE ACTIVITIES PONTICELLI - PRESTAMECA ATIM - ALPHA MAINTENANCE

10. Rev.11 : January 2006 www.ponticelli.com L IMITED C OMPANY L IMITED C OMPANY O RGANISATION O RGANISATION C HART O RGANISATION C HART S UBSIDIARIES AND A FFILIATES S UBSIDIARIES AND A FFILIATES P ONTICELLI IN F RANCE P ONTICELLI IN F RANCE P ONTICELLI W ORLDWIDE P ONTICELLI W ORLDWIDE S HAREHOLDING S HAREHOLDING Back to the Summary

11. Rev.11 : January 2006 www.ponticelli.com Company Staff 14 % Former Employees 6 % PONTICELLI (Family + Holding) 80 % S HAREHOLDING ORGANISATION

12. Rev.11 : January 2006 www.ponticelli.com L IMITED C OMPANY CHAIRMAN CHIEF EXECUTIVE OFFICER CHIEF OPERATING OFFICERS J-L. NART J-J. LESTRADE D. BAILLEUIL HUMAN RESOURCES & CORPORATE TECHNICAL DEPARTMENT P. LACQUEMENT CONSTRUCTION & INTERNATIONAL F. LEFEBVRE MAINTENANCE & REGIONAL BRANCHES C. PONTICELLI ADMINISTRATION & FINANCE ORGANISATION BOARD OF DIRECTORS

13. Rev.11 : January 2006 www.ponticelli.com O RGANISATION C HART ORGANISATION

14. Rev.11 : January 2006 www.ponticelli.com ORGANISATION ATIM ATIM COCHEZ COCHEZ CMM CMM PMM PMM PONTICELLI HOLLAND BV PONTICELLI HOLLAND BV PONTICELLI LIBYAN BRANCH PONTICELLI LIBYAN BRANCH PONTICELLI NIGERIA LTD PONTICELLI NIGERIA LTD PONTICELLI VENEZUELA PONTICELLI VENEZUELA PORTUMO PORTUMO PORTUMO SUCURSAL ANGOLA PORTUMO SUCURSAL ANGOLA PRESTAMECA PRESTAMECA PVI PVI SECIE SECIE SMRI SMRI A FFILIATES S UBSIDIARIES ALPHA MAINTENANCE ALPHA MAINTENANCE EET EET EMIS EMIS PMT PMT QUALITUB QUALITUB

15. Rev.11 : January 2006 www.ponticelli.com P ONTICELLI IN F RANCE ORGANISATION Savenay Bassens Port de Bouc Marcoule Echirolles Saint Fons Tavaux Saint-Avold Gonfreville-LOrcher Notre Dame de Gravenchon Le Grand Quevilly Emerainville Vitry s/Seine PARIS Bourbourg Pierrelatte Bantzenheim locations Subsidiary locations

16. Rev.11 : January 2006 www.ponticelli.com P ONTICELLI W ORLDWIDE ORGANISATION SECIE S.A.

17. Rev.11 : January 2006 www.ponticelli.com F INANCIAL D ATA S ALES E VOLUTION S ALES E VOLUTION T URNOVER PER A CTIVITY T URNOVER PER A CTIVITY Back to the Summary

18. Rev.11 : January 2006 www.ponticelli.com S ALES E VOLUTION (figures excluding subsidiaries) FINANCIAL DATA

19. Rev.11 : January 2006 www.ponticelli.com T URNOVER PER A CTIVITY Chemical-Petrochemical 35% Various 10% Energy 15% Oil (Upstream & Downstream) 40% FINANCIAL DATA

20. Rev.11 : January 2006 www.ponticelli.com H UMAN R ESOURCES W ORKFORCE E VOLUTION W ORKFORCE E VOLUTION M ANPOWER B REAKDOWN M ANPOWER B REAKDOWN Back to the Summary

21. Rev.11 : January 2006 www.ponticelli.com W ORKFORCE E VOLUTION HUMAN RESOURCES (figures excluding subsidiaries)

22. Rev.11 : January 2006 www.ponticelli.com M ANPOWER B REAKDOWN Directors, Administrative and Technical Managers186 Employees, Technicians, Supervisors447 Direct Manpower : 302 Foremen 976 Skilled Manpower 42 Other 1 320 TOTAL1 953 HUMAN RESOURCES

23. Rev.11 : January 2006 www.ponticelli.com Q UALITY / S AFETY Q UALITY Q UALITY S AFETY, H EALTH & E NVIRONMENT S AFETY, H EALTH & E NVIRONMENT Back to the Summary

24. Rev.11 : January 2006 www.ponticelli.com IMPLEMENTATION OF A QUALITY POLICY SINCE 25 YEARS WITH CONSTANT IMPROVEMENT OF THE QUALITY MANAGEMENT CERTIFIED ISO 9001 & 14001 NUMEROUS CERTIFICATIONS AND APPROVALS FROM OUR MAJOR CLIENTS Q UALITY QUALITY / SAFETY

25. Rev.11 : January 2006 www.ponticelli.com IMPROVEMENT OF THE RESULTS DURING THE LAST TEN YEARS VCA**, MASE AND UIC CERTIFIED A CORPORATE S.H.E. MANUAL SPECIFIC SAFETY PLANS FOR EACH CONTRACT PERMANENT AWARENESS OF THE MANPOWER S AFETY, H EALTH & E NVIRONMENT QUALITY / SAFETY

26. Rev.11 : January 2006 www.ponticelli.com F REQUENCY RATES E VOLUTION QUALITY / SAFETY

27. Rev.11 : January 2006 www.ponticelli.com S EVERITY RATES E VOLUTION QUALITY / SAFETY

28. Rev.11 : January 2006 www.ponticelli.com R EFERENCES C ONSTRUCTION C ONSTRUCTION S HUT-DOWN W ORKS S HUT-DOWN W ORKS M AINTENANCE M AINTENANCE O FFSHORE O FFSHORE Back to the Summary

29. Rev.11 : January 2006 www.ponticelli.com C ONSTRUCTION YEARCLIENTSITEENGINEERINGUNITWORKS DESCRIPTIONMANHOURS 1998/1999 ELF PETROLEUM NIGERIA LTD OBITE (NIGERIA) PONTICELLI (E.P.C.c. Contract) LNG TREATMENT PLANT Turnkey all inclusive contract including supply and conception 1 800 000 1998/2000PETROZUATA JOSE (VENEZUELA) CONTRINA VEHOP PROJECT DISTILLATION UNIT Pipeworks Lifting & mechanical erection 2 500 000 1999BP LAVÉRA (FRANCE) FWF FCC REVAMPING & MAINTENANCE (Alliance) Pipeworks Lifting & mechanical erection Maintenance works 70 000 1999/2000DSM GELEEN (THE NETHERLANDS) TECHNIP NAK 3 REVAMPING & MAINTENANCE (JV with FABRICOM) Pipeworks Lifting & mechanical erection Maintenance works 150 000 2000/2001 BP (ex- VEBA) HORST & SCHOLVEN (GERMANY) FLUOR DANIEL AOP II PROJECT BENZENE & MDE UNITS (Alliance) Pipeworks Lifting & mechanical erection Revamping and maintenance 200 000 2000/2001SOLVAY MARTORELL (SPAIN) TECPLANT INGEST SA PVC 2001 PROJECT Pipeworks Lifting & mechanical erection Revamping works 125 000 2001BP LAVÉRA (FRANCE) SECOMAT EO, EOA & PHOENIX REVAMPING (Alliance) Pipeworks Lifting & mechanical erection Internals modification 130 000 2001/2002SINCOR JOSE (VENEZUELA) RIVER CONSULTING CSH PROJECT COKE CONVEYOR Pipeworks Lifting & mechanical erection 580 000 REFERENCES

30. Rev.11 : January 2006 www.ponticelli.com YEARCLIENTSITEENGINEERINGUNITWORKS DESCRIPTIONMANHOURS 2001/2002 BP (ex- VEBA) SCHOLVEN (GERMANY) FLUOR DANIEL HYDROCRACKER REVAMPING PROJECT (Alliance) Pipeworks Lifting & mechanical erection Internals modification 85 000 2001/2002DSM GELEEN (THE NETHERLANDS) TECHNIPPPF6 PROJECT Pipeworks Lifting & mechanical erection 150 000 2002STATOIL MONGSTAD (NORWAY) KVAERNER PROCESS PRODUCT QUALITY PROJECT Pipeworks Lifting & mechanical erection 130 000 2003 Q8 PETROLEUM ROTTERDAM (THE NETHERLANDS) FOSTER WHEELER ITALIANA CRUDE II UNIT REVAMPING Pipeworks Lifting & mechanical erection 80 000 2003/2004 EXXONMOBIL NOTRE DAME DE GRAVENCHON (FRANCE) FOSTER WHEELER FRANCE PJ21 PROJECT Pipeworks Lifting & mechanical erection 500 000 2004 TOTAL DUNKERQUE (FRANCE) TECHNIP HDT / DGO / AMINES REVAMPING Pipeworks Lifting & mechanical erection Mechanical maintenance works 100 000 2004/2005 TOTAL DUNKERQUE (FRANCE) TECHNIP HP LOOP REVAMPING Pipeworks Lifting & mechanical erection Modification works 150 000 2005/2006TOTAL LA MÈDE (FRANCE) FOSTER WHEELER FRANCE HP LOOP REVAMPING Pipeworks Lifting & mechanical erection Modification works 150 000 C ONSTRUCTION REFERENCES

31. Rev.11 : January 2006 www.ponticelli.com S HUT-DOWN W ORKS YEARCLIENTSITEUNITMANHOURS 2000 COURONNAISE DE RAFFINAGE PETIT COURONNEWORKS ON FURNACES AND CAPACITIES50 000 DSM GELEEN (THE NETHERLANDS) NAK 3 REVAMPING AND MAINTENANCE75 000 SHELL CRESSIER (SWITZERLAND) GENERAL SHUTDOWN21 000 E.A.P.F.LACQGENERAL SHUTDOWN7 000 ACETEXPARDIESC2H27 000 TOTALGONFREVILLED9 & DGO220 000 EXXON NOTRE DAME DE GRAVENCHON REVAMPING FURNACE F1101 B52 000 2001 ELF ANTARDONGESREFORMING12 000 BPLAVERAHCQ14 000 COURONNAISE DE RAFFINAGE PETIT COURONNEHDT4 / DB412 000 DSM GELEEN (THE NETHERLANDS) NAK 430 000 ESSO ANTWERP (BELGIUM) APS-HYDROFINERS18 000 SOLLACDUNKERQUEHF413 000 FINA ANTWERP (BELGIUM) FCC UNIT 31 CATALYTIC AREA48 000 REFERENCES

32. Rev.11 : January 2006 www.ponticelli.com YEARCLIENTSITEUNITMANHOURS 2002 TOTALFEYZINDISTILLATION UNIT30 000 TOTALNANGISFCC UNIT25 000 TOTALGONFREVILLEDISTILLATION & GASOIL UNITS15 000 TOTALDONGESFCC UNIT40 000 TAMOIL COLLOMBEY (SWITZERLAND) GENERAL SHUTDOWN16 000 COURONNAISE DE RAFFINAGE PETIT COURONNEDISTILLATION (FURNACES) 7 000 (during 9 days) M REALALIZAYBOILERS10 000 EXXON MOBIL NOTRE DAME DE GRAVENCHON FURFUROL UNIT40 000 ATOFINAGONFREVILLEPOLYETHYLENE10 000 RHODIALA MADELEINEGENERAL SHUTDOWN10 000 2003 TOTALLA MÈDEFCC UNIT11 000 TOTALDONGESDEE UNIT33 000 TOTALGONFREVILLEOILS 2 UNIT (FURNACE - T101)13 000 ATOFINA GPGRAND COURONNESYNTHESE PACKAGE N°310 000 ATOFINACARLINGACRYLATES10 000 C.R.R.REICHSTETTPACKINOX10 000 S HUT-DOWN W ORKS REFERENCES

33. Rev.11 : January 2006 www.ponticelli.com YEARCLIENTSITEUNITMANHOURS 2004 SHELLBERRE LETANGSTEAMCRACKER PACKAGE F7 000 C.R.R.REICHSTETTPACKAGE 1 – REFORMING / H2 UNITS20 000 AIR LIQUIDEBELLE ETOILEHK UNIT & BOILER7 000 M REALALIZAYBOILER – LIME FURNACE8 000 TOTALGONFREVILLEOIL 3 UNIT6 000 TOTALDUNKERQUEDGO – AREA 358 000 TOTALGONFREVILLECRACKER 68 000 TOTALLACQBOOSTER KGB 2 & 310 000 POLIMERI EUROPAMARDYCK / LOON PLAGE STEAMCRACKER PACKAGES : FURNACES / HOT TRAINS & OIL / COMPRESSORS 52 000 EPNL OML 58 (NIGERIA) GENERAL SHUTDOWN11 000 2005 TOTALNANGISFCC UNIT17 000 PETROPLUS CRESSIER (SWITZERLAND) GENERAL SHUTDOWN32 000 RHODIAPONT DE CLAIXGENERAL SHUTDOWN46 000 TOTAL PETROCHEMICAL CARLINGOIL UNITS35 000 TOTAL ANTWERP (BELGIUM) UNITS 64 & 6831 000 S HUT-DOWN W ORKS REFERENCES

34. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 1EXXON MOBIL ND de Gravenchon (76) Mechanical Maintenance200280 000 2TOTAL (TRD) Gonfreville lOrcher (76) Overall Maintenance DEHP and DECV197426 000 3BASF Elbeuf (76) Mechanical maintenance20029 000 4NORSK HYDRO (S.N.A.) Harfleur (76) Overall Maintenance198412 000 5GRANDE PAROISSE Rouen (76) Maintenance South Eastern Sector200330 000 6RENAULT Le Havre-Sandouville (76) Travelling crane supports of building J Control 20021 000 7UPM Grand Couronne (76) Multi-disciplinary liability Contract200440 000 8M.REAL Alizay (27) Rigging-Lifting2002500 9LUBRIZOL Rouen (76) Overall Maintenance19988 300 Normandy Agency M AINTENANCE REFERENCES

35. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 10POLIMERI EUROPA Champagnier (38) Overall and Mechanical Maintenance ( 3 separate contracts) 197637 000 11AIR LIQUIDE Multi-sites Rhône-Alpes / Jura Multi-disciplinar-y overall Maintenance including Electrical / Instrumentation 20038 000 12CEZUS CHIMIE Jarrie (38) Mechanical Maintenance198517 000 13ATOFINA Jarrie (38) Overall Maintenance199317 500 14PETROPLUS Cressier (Switzerland) Overall Maintenance19796 000 15PAPETERIES DE LANCEY Villard-Bonnot (38) Mechanical Maintenance20046 000 16SOLVAY Tavaux (39) Overall and Mechanical Maintenance199373 000 17RHODIA Saint-Fons (69) Overall and Mechanical Maintenance199740 000 18ISOCHEM Pont de Claix (38) Overall Maintenance200013 000 19TERIS Pont de Claix (38) Multi-disciplinary overall maintenance200013 000 20AVERY DENISSON Champ-sur-Drac (38) Overhead crane Maintenance Mechanical and Electrical 20021 000 Rhône-Alpes Agency M AINTENANCE REFERENCES

36. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 21 EDF Nucléaire UTO Marne La Vallée France (Management in Ambès) Opening/Closing reactor drums198426 000 22INTERNATIONAL PAPER Saillat (87) Mechanical Maintenance19977 900 23RHODIA La Rochelle (17) Overall Maintenance199418 400 24RHODIA FOOD Melle (79) Overall Maintenance200130 000 25YARA Ambès (33) Mechanical maintenance and boiler works20063 500 26CEAT Toulouse (31) Piping Maintenance20038 000 27RHODIA Dornach (68) Overall Maintenance200140 000 28TOTAL PETROCHEMICAL France Saint Avold (57) Overall Maintenance including Mechanical Chemical Sector 1996130 000 29TOTAL PETROCHEMICAL France Saint Avold (57) Overall Maintenance including Mechanical Styrenics Sector 199635 000 30ARKEMA Saint Avold (57) Overall Maintenance including Mechanical Environmental Sector 20046 000 31AIR LIQUIDE Richemont (57) Multi-disciplinary overall Maintenance20035 000 32R.V.A. Les Islettes (55) Overall Maintenance199812 000 33ARCELOR Rombas (57) Mechanical Maintenance for Belt Conveyors199735 000 Lorraine Agency South-West Agency M AINTENANCE REFERENCES

37. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 34POLIMERI EUROPA Mardyck (59) Overall Maintenance197871 000 35AIR LIQUIDE Grande Synthe (59) Multi-disciplinary overall Maintenance including Electrical / Instrumentation 20035 500 36ATO Mazingarbe (59) Lubrication19891 700 37SAV Mazingarbe (59) Mechanical Maintenance20023 500 38CNPE Gravelines (59) Removal / Erection mechanics expertise Maintenance 199625 000 39RHODIA La Madeleine (59) All inclusive except E&I199430 000 40TERIS Dunkerque (59) Overall Maintenance20056 000 41SOLLAC Dunkerque (59) Blast furnaces screening cooling Maintenance200333 300 42SOLLAC Dunkerque (59) GALMA line Maintenance (furnace area and Exit area) 19992 600 Northern Agency + PMM M AINTENANCE REFERENCES

38. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 43ATOFINA Fos sur Mer (13) Maintenance of Rotating Machines199130 000 44SOLLAC Fos sur Mer (13) Mechanical Maintenance – Pickling19924 600 45SOLLAC Fos sur Mer (13) Mechanical Maintenance19991 300 46SOLLAC Fos sur Mer (13) Mechanical Maintenance19992 600 47SOLLAC Fos sur Mer (13) Lance and sub-lance Maintenance19976 000 48SOLLAC Fos sur Mer (13) CC1 and CC2 continuous tapping feeding19981 500 49SOLLAC Fos sur Mer (13) Steel slab fabrication Workshop19996 000 50SOLLAC Fos sur Mer (13) Cokerill Mechanical Maintenance20004 000 51SOLLAC Fos sur Mer (13) 24m Pumping system Mechanical Maintenance 2000500 52SOLLAC Fos sur Mer (13) MEP + RH19978 000 53SOLLAC Fos sur Mer (13) Maintenance of Continuous Water Flow Pumps 20042 000 54SOLLAC Fos sur Mer (13) Valve and Central Cavity Maintenance2004600 55TOTAL La Mède (13) Overall Maintenance including Mechanical and Industrial Cleaning 200560 000 M AINTENANCE REFERENCES Provence Agency + SMRI

39. Rev.11 : January 2006 www.ponticelli.com CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 56LYONDELL Fos sur Mer (13) Mechanical Maintenance198918 000 57EDF ARAPTricastin (26) / Cruas (07)Welding works on running units200437 000 58EDF ARAP Tricastin (26) / Cruas (07) Bugey (01) CIVAR Valve Maintenance200437 000 59EDF UTOFranceAnti-block devices control19894 000 60EDF Tricastin (26) Capacities + Steam Generators Maintenance196612 000 61SOLVAY Salins de Giraud (13) Overall Maintenance200022 000 62ALUMINIUM PECHINEY Gardanne (13) Overall Maintenance200195 000 63NAPHTACHIMIE Lavéra (13) Overall Maintenance200230 000 64BP SNC Lavéra (13) Overall Maintenance200021 000 65BP SNC Lavéra (13) Rotating Machines and Valve Maintenance200050 000 M AINTENANCE REFERENCES Provence Agency + SMRI

40. Rev.11 : January 2006 www.ponticelli.com M AINTENANCE CLIENTSITEACTIVITYYEAR MANHOURS PER YEAR 66 OPÉRA NATIONAL PARIS BASTILLE Paris (75) Stage fitting-up Maintenance19977 500 67 PALAIS OMNISPORT PARIS-BERCY Paris (75) Overall Maintenance199910 000 68 COMPAGNIE DES PÉTROLES TOTAL LIBYE Mabruk Field (Libya) Overall Maintenance including E&I2002105 000 69 TOTAL – ELF PETROLEUM NIGERIA LIMITED OML 100 / 102 (Nigeria) Overall Offshore Maintenance including E&I2003130 000 TOTAL : 1 679 800 hours per year REFERENCES PVI DML Export

41. Rev.11 : January 2006 www.ponticelli.com YEARCLIENTSITEENGINEERINGDESCRIPTION MAXIMUM SIZES (m) MAXIMUM WEIGHT PER UNIT TOTAL WEIGHT EPC CONSTRUCTION 1991-1992 ARCO BRITISH LTD PICKERILL PONTICELLI / BROWN & ROOT Construction of 2 Gas Production Topsides 25 x 25 x 20 25 x 25 x 28 1 250 T2 500 T 1991-1992 ELF PETROLAND K6P & K6C PONTICELLI / TPG Engineering, Procurement and Construction of 1 Production Deck and 1 Drilling / Utility Deck 30 x 30 x 21 26 x 17 x 20 2 000 T 1 100 T 3 100 T 1992BRITISH GASMORECAMBE BAYJOHN BROWN Engineering, Procurement and Construction of 27 PARs 35 x 9 x 9250 T1 600 T 1993ELF GABONHYLIA-VANNEAU PONTICELLI / SECOMAT Engineering, Procurement and Construction of 1 Utility Deck 30 x 24 x 18850 T 1994THERMODYN ELF ANGOLA COBO P1 SECOMAT Engineering, Procurement and Construction of 1 Compression Module 9 x 16 x 14530 T O FFSHORE REFERENCES

42. Rev.11 : January 2006 www.ponticelli.com YEARCLIENTSITEENGINEERINGDESCRIPTION MAXIMUM SIZES (m) MAXIMUM WEIGHT PER UNIT TOTAL WEIGHT EPC CONSTRUCTION 1994-1995ELF CONGONKOSSA PONTICELLI / SOFRESID AQUITAINE Engineering, Procurement and Construction of 1 Living Quarter M1 25 x 42 x 252 700 T 1994-1995ELF CONGONKOSSATPG Construction of 1 Water Treatment Module M2 39 x 42 x 253 600 T 1995-1996ELF GABON CAT (ANGUILLE / TORPILLE) KVAERNER PROCESS Engineering, Procurement and Construction of 2 Compression Modules 15 x 8 x 12 26 x 9 x 12 220 T 420 T 1997-1998ELF CONGO TAFE (TCHIBOUELA EAST) KVAERNER PROCESS Engineering, Procurement, Construction, Transport and Hook-up of 1 Drilling / Production Deck 25 x 16 x 18570 T 1999ELF CONGOTCHIBELI KVAERNER PROCESS Engineering, Procurement, Construction, Transport and Hook-up of 1 Drilling / Production Deck 26 x 22 x 18700 T REFERENCES O FFSHORE

43. Rev.11 : January 2006 www.ponticelli.com REFERENCES YEARCLIENTSITEENGINEERINGDESCRIPTION PEAK MANPOWER DURATION MANAGED MANHOURS HOOK-UP / REVAMPING 1991-1992 ELF PETROLAND K6P et K6C PONTICELLI / TPG Hook-Up included in an E.P.C contract : 1 Production deck and 1 utility deck 1206 months115 000 1993ELF GABONHYLIA-VANNEAU PONTICELLI / SECOMAT Hook-Up included in an E.P.C contract : 1 Production deck 654 weeks10 000 1994ELF COBOANGOLATPG Hook-Up included in an E.P.C contract : 1 Integration deck (COBO P1) Pipework fabrication and equipment erection 706 weeks15 000 1995ELF CONGONKOSSA PONTICELLI / BOS Hook-Up of 6 modules on floating support (Operations carried out at quay at Fos sur Mer, but very similar job to offshore hook-up operations) 1708.5 months480 000 1997-1998ELF CONGO TAFE (TCHIBOUELA EAST) KVAERNER PROCESS Hook-Up included in an E.P.C contract : 1 Production deck 553 weeks7 500 1999ELF CONGOTCHIBELI KVAERNER PROCESS Hook-Up included in an E.P.C contract : Drilling production deck platform 702 weeks5 500 O FFSHORE

44. Rev.11 : January 2006 www.ponticelli.com REFERENCES YEARCLIENTSITEENGINEERINGDESCRIPTION PEAK MANPOWER DURATION MANAGED MANHOURS HOOK-UP / REVAMPING 2001 ELF PETROLEUM NIGERIA LTD AMENAM NIGERIA STOLT OFFSHORE Drilling platforms duplex manifold fabrication & installation - Warri Subcontractor to Stolt Offshore 204 months15 000 2003 ELF PETROLEUM NIGERIA LTD ODP1 NIGERIA SECOMAT AK DE12 - HIP-PSV Systems into ODP1 Facilities Subcontractor to Stolt Offshore for Piping & Mechanical works 506 months55 000 2003-2004 ELF PETROLEUM NIGERIA LTD AMENAM NIGERIA PNL Hook-Up of Duplex Flowlines (Site Survey, Fabrication & Installation) 1530 months100 000 2003-2004 CHEVRON TEXACO SANHA CONDENSATE ANGOLA PARAGON LITWIN Hook-up BOMBOCO WPA & Revamping platforms SSA-NNA Subcontractor to Stolt Offshore 1056 months200 000 2005-2007 TOTAL E&P ANGOLA ROSA PROJECTBy the Client Fabrication, installation and integration of modules on to GIRASSOL FPSO 65029 months 2 000 000 In progress O FFSHORE

45. Rev.11 : January 2006 www.ponticelli.com For more information, please visit our website www.ponticelli.com