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Press Release

Technip's successful offer for Cybernétix

January 26, 2012

The French Financial Markets Authority (AMF) published today the results of the offer made by Technip on the shares of Cybernétix. In the course of this offer, which started on December 16, 2011 and ended on January 20, 2012, 474,325 shares of Cybernétix were tendered. Taking into account the 743,014 shares acquired by Technip from Mr. Gilles Michel, Askoad Conseil, Comex SA and Sercel Holding on November 16, 2011 and the 385,755 acquired on the market during the offer period, Technip now holds 1,603,094 shares representing 98.60% of the share capital and 98.57% of the voting rights, on the basis of a share capital of 1,625,791 shares and a total number of voting rights of 1,636,316.

The Cybernétix shares not held by Technip represent less than 5% of the share capital or voting rights. Therefore, as previously announced, Technip will file with the AMF a request for the implementation of a squeeze-out of the remaining Cybernétix shares within ten days of the notice of the results of the offer by the AMF, for a price corresponding to the offer price, i.e. 19 euros per shares.

The AMF and NYSE Euronext will publish the timetable of the squeeze-out. Following completion of the squeeze-out, the shares of Cybernétix will be delisted from Euronext Paris.

Thierry Pilenko, Chairman and Chief Executive Officer of Technip, said: “I am delighted that we can now definitively integrate the teams of Cybernétix. Technological expertise and know-how gained from many years, particularly in the design, manufacture and deployment of robotic systems in hostile environments will be valuable assets for Technip on time to challenge new energy frontiers.

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Technip is a world leader in project management, engineering and construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 27,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.
Technip shares are listed on the NYSE Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPK).

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Public Relations
Christophe Bélorgeot Tel. +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com

Investor and Analyst Relations
Kimberly Stewart Tel. +33 (0) 1 47 78 66 74
E-mail : kstewart@technip.com

Group website http://www.technip.com