SBM OFFSHORE CHANGE IN BOARD OF MANAGEMENT

SBM Offshore N.V. announces that Mr. Dick van der Zee will retire and leave the Board of Management on 31 December 2009. Mr. van der Zee joined SBM Offshore (formerly IHC Caland N.V.) in 1996 as Managing Director of subsidiary Company IHC Gusto Engineering in Schiedam. In 2000 he became a member of the Board of Management as Chief Operating Officer. He was appointed Chief Technology Officer and President of SBM Production Contractors in 2007. Mr. van der Zee's contribution has been key in developing the topsides capabilities of the Group which has been one of the drivers to grow the Company into the leading FPSO contractor that it is today. Mr. Michael Wyllie has been appointed Chief Technology Officer and a Director in the Board of Management of SBM Offshore N.V. with effect from 1 January 2010. Mr. Wyllie (British, 1958), who has 30 years experience in the oil & gas business, joined the Company as a senior process engineer in 1995 and during his career with SBM Offshore has held positions of Engineering Project Manager on several FPSO projects, Chief Engineer in the SBM Monaco office, and most recently Director of Marketing and Sales for the Group. For further information: SBM Offshore N.V. Karel Doormanweg 66 3115 JD Schiedam Post address: P.O. Box 31 3100 AA Schiedam The Netherlands Contact person: Mr. Sebastiaan de Ronde Bresser Telephone: (+377) 92 05 85 15 Mobile: (+33) 643 919 312 Fax: (+377) 92 05 89 40 E-mail: sebastiaan.derondebresser@sbmoffshore.com Website: www.sbmoffshore.com To see the complete version of this press release, please click on the link below: This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.