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2014-05-28

SBM Offshore N.V.: UPDATE ON SBM OFFSHORE TENDERS IN BRAZIL May 28, 2014

SBM Offshore confirms that it is in dialogue with Petrobras regarding
participation in the upcoming Tartaruga Verde and Libra tenders. The Company
has deployed significant resources on bidding activities to date and as such
is seeking clarification, legal and otherwise, for the potential exclusion
from both tenders. SBM Offshore will inform the market when a conclusion is
reached.

Corporate Profile

SBM Offshore N.V. is a listed holding company that is headquartered in
Schiedam. 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.

Group companies employ over 9,600 people worldwide, who are spread over five
execution centers, eleven operational shore bases, several construction yards
and the offshore fleet of vessels. 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

Schiedam, May 28, 2014
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|Financial Calendar Date Year |
|Half-Year 2014 Results - Press Release August 7 2014 |
|Trading Update Q3 2014 - Press Release November 13 2014 |
|Full-Year 2014 Results - Press Release February 5 2015 |
|Publication of AGM Agenda March 3 2015 |
|Annual General Meeting of Shareholders April 15 2015 |
|Trading Update Q1 2015 - Press Release May 8 2015 |
|Half-Year 2015 Results - Press Release August 6 2015 |
|Trading Update Q3 2015 - Press Release November 12 2015 |
----------------------------------------------------------
For further information, please contact:

Investor Relations

Nicolas D. Robert

Head of Investor Relations

--------------------------------------------
|Telephone: +377 92 05 18 98 |
|Mobile: +33 (0) 6 40 62 44 79 |
|E-mail: nicolas.robert@sbmoffshore.com |
|Website: www.sbmoffshore.com |
--------------------------------------------
Media Relations

Anne Guerin-Moens

Group Communications Director

-----------------------------------------------
|Telephone: +377 92 05 30 83 |
|Mobile: +33 (0) 6 80 86 36 91 |
|E-mail: anne.guerin-moens@sbmoffshore.com |
|Website: www.sbmoffshore.com |
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Disclaimer

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.

To see the complete version of this press release, please click on the link
below

SBM Offshore Press Release
http://hugin.info/130754/R/1789011/614824.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SBM Offshore N.V. via Globenewswire

HUG#1789011

Författare Hugin

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