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BOURBON announces that it is holding exclusive negotiations in view of selling its hotel interests in La Réunion

Paris, March 7th 2007, pdf file

In line with its strategy of focusing on marine services, BOURBON continues its policy of disposing of non-strategic activities. In accordance with this objective BOURBON announces that it is in the process of holding exclusive negotiations with a possible buyer for the sale of all its hotel interests in La Réunion; Les Villas du Lagon, Les Villas du Récif and Les Creoles.

About BOURBON

With 4300 professionals and a fleet of 250 owned vessels, BOURBON offers, in more than 25 countries, a broad range of offshore oil and gas marine services, towage, assistance, salvage and bulk shipping.

By 2010, in line with its strategic plan BOURBON intends to become the leader in modern offshore oil and gas marine services by offering the most demanding international clients worldwide the services of a full line of new generation, innovative and high-performance vessels.

Classified by Euronext in the "Oil Services" sector, BOURBON is listed on Eurolist Paris, Compartment A and is included in the Deferred Settlement Service (SRD) and the SBF 120 and Dow Jones Stoxx 600 indices.

Publicis Consultants / Press Relations
Press Relations
Axel Bavière
+33 (0)1 44 43 73 11
axel.baviere@consultants.publicis.fr
BOURBON
Investors – Analysts – Shareholders Relations
Patrick Mangaud
+33 (0)1 40 13 86 09
patrick.mangaud@bourbon-online.com
Communications Department
Christa Roqueblave
+33 (0)1 40 13 86 06
christa.roqueblave@bourbon-online.com