The Supervisory Board of Fugro N.V. announces that effective 2012 Fugro will be managed in accordance with a board-of-management model.
The increased size of the company makes a more collective decision-making process and more delegation of operational tasks desirable for the ongoing development of the company. Fugro will depart from the CEO model, which has been in effect for many years. This change in management model coincides with the departure of Mr. K.S. Wester who will reach retirement next year.

Effective 1 January 2012 the Board of Management will consist of the following members that are currently already employed by Fugro and whereby the current divisional structure will be maintained:
Mr. A. Steenbakker (54) – Chairman
Mr. P. van Riel (55) - Vice-chairman, also technology/innovation and Director Geoscience Division
Mr. W.S. Rainey* (56) - Director Geotechnical Division
Mr. J. Rüegg (66) - Director Survey Division
Mr. A. Jonkman (57) - Financial Director (cfo)

As CEO, Mr. Wester will retain responsibility for the financial year 2011; which includes the completion of the 2011 annual accounts and report. Mr. Wester is a statutory director since 1996 and appointed President and CEO in 2005. His leadership was instrumental for Fugro’s success and continued development. We want to express our appreciation for his contribution. Mr. Wester will retire at the end of May 2012.

*Assuming that today Mr. Rainey is appointed by the Annual General Meeting of Shareholders.

Please find below a short curriculum vitae of each new member of the Board of Management:

Mr. A. Steenbakker (54) joined Fugro in 2005. In September 2005 he became a member of the Executive Committee and Chief Operating Officer responsible of the Onshore Geotechnical business line. He was appointed by the Annual General Meeting to the Board of Management in 2006 and reappointed in 2010. At present he is Chief Operating Officer of Information Services business line. He will become Chairman of the Board of Management as of 1 January 2012.
Before joining Fugro, Mr. Steenbakker gained international management experience during his career with Fluor Corporation in the oil and gas division since 1983. In his last position with Fluor as senior vice president he was responsible for the oil and gas division in Europe, Africa and the Middle East and for the development of the strategy and the implementation of Fluor’s international maintenance services.

Mr. P. van Riel (55) is the co-founder of Fugro-Jason B.V., which he established in 1986. Jason B.V. was acquired by Fugro in 2001. In March 2004 he became a member of the Executive Committee and was as Chief Operating Officer responsible for the Development & Production activities of the Geoscience Division. He was appointed by the Annual General Meeting to the Board of Management in 2006 and reappointed in 2010. At present he is Chief Operating Officer of the Onshore Geotechnical business line. He will become Vice-chairman of the Board of Management as of 1 January 2012, responsible for technology and innovation and as Director of the Geoscience Division.

Mr. W.S. Rainey (56) joined Fugro in 1981. He is the President of Fugro, Inc. in the United
States and has been Chief Operating Officer of the Offshore Geotechnical Services business line since 2006. As a member of the Board of Management he will be Director of the Geotechnical Division as of 1 January 2012.

Mr. J. Rüegg (66) joined Fugro in 1994. He has managed the Offshore Survey activities since 1999 and has made a large contribution to Fugro’s Survey division’s growth over the years. In 2009 he was appointed to the Board of Management as Chief Operating Officer of the Offshore Survey business line. As a member of the Board of Management he will be Director of the Survey Division as of 1 January 2012.

Mr. A. Jonkman (57) joined Fugro in 1988. In 2004 he was appointed by the Annual General Meeting to the Board of Management as Chief Financial Officer (CFO) in 2004. He was reappointed by the Annual General Meeting in 2008.

F.H. Schreve - Chairman of the Supervisory Board (until 10 May 2011)
H.C. Scheffer - Chairman of the Supervisory Board (as of 10 May 2011)