TR-1: Notifications of Major Interests in Shares

1: Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

PETROFAC LTD

2: Reason for notification (yes/no)
An acquisition or disposal of voting rights		X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		X
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		X
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Deutsche Bank AG
4. Full name of shareholder(s) (if different from 3.):	Deutsche Bank AG, London Branch
5. Date of the transaction (and date on which the threshold is crossed or reached):	12/02/2016
6. Date on which issuer notified:	16/02/2016
7. Threshold(s) that is/are crossed or reached:	below 6%

8: Notified Details
A: Voting rights attached to shares
Class/type of share If possible use ISIN code		GB00B0H2K534

Situation previous to the triggering transaction
Number of shares		Number of voting rights
10,620,792		10,620,792

Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
10,267,480	10,267,480	0	2.97%	0

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
RIGHT TO RECALL			128,219	0.04%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
SWAPS		02-Feb-17		9,559,256	Nominal	Delta
					2.76%	2.76%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Deutsche Bank AG, London Branch - 5.77%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Alison Broughton

15. Contact telephone number:

020 7811 4900

This information is provided by RNS

The company news service from the London Stock Exchange

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A: Voting rights attached to shares