BOURBON (EPA:GBB) BOURBON - 2011 General Meeting & Decision of the Board

Transparency directive : regulatory news

01/06/2011 20:30

Press release

                                                           Paris, June 1, 2011

       Combined General Meeting and Decision of the Board of Directors of
                                   June 1, 2011

The Combined General Meeting of BOURBON shareholders was held today in Paris,
chaired by Mr Jacques de Chateauvieux.

All the resolutions submitted to a vote were approved, notably:

  * Distribution of a dividend of EUR0.90 per share

As of stock market trading on June 3, 2011, the BOURBON share will be quoted
ex-dividend. The dividend will be paid on June 8, 2011.

  * Re-appointment of Mr Christian d'Armand de Chateauvieux, Mr Henri d'Armand
    de Chateauvieux, Mr Guy Dupont, Mr Baudouin Monnoyeur and Mr Christian
    Munier as directors

Their terms of office have been renewed for a period of three years.

  * The delegation of authority granted to the Board of Directors to increase
    the share capital by incorporation of reserves in the form of a bonus
    share award to shareholders with a ratio of 1 new share for 10 existing
    shares

The Board of Directors of BOURBON decided to award shareholders 1 free bonus
share for every 10 shares held.
This award will take place as of June 10, 2011, the date on which BOURBON's
share price will be adjusted.

* FINANCIAL CALENDAR

- 2nd quarter and 1st half 2011 financial results:      August 10, 2011
- Presentation of 1st half 2011 results:                August 31, 2011

About BOURBON

BOURBON offers oil & gas companies with the most demanding requirements a
comprehensive range of surface and subsea maritime services for offshore oil &
gas fields and wind farms, based on an extensive range of latest-generation
vessels. The Group provides a local service through its 26 operating
subsidiaries, close to their clients and operations, and it guarantees the
highest standards of service quality and safety worldwide.

BOURBON, a pure player in offshore, has two operating Activities: Marine
Services and Subsea Services. BOURBON also protects the French coastline for
the French Navy.

Under the "BOURBON 2015 Leadership Strategy" plan, the company is investing
US$2 billion in a large fleet and by 2015 it will have 600 innovative and
high-performance offshore vessels.

Classified by ICB (Industry Classification Benchmark) in the "Oil Services"
sector, BOURBON is listed for trading on Euronext Paris, Compartment A, and is
included in the Deferred Settlement Service SRD and in the SBF 120, CAC Mid 60
and Dow Jones Stoxx 600 indices.

CONTACTS
Publicis Consultants

Jérôme Goaer       +33 (0)1 44 82 46 24 -
                   jerome.goaer@consultants.publicis.fr
Véronique Duhoux   +33 (0)1 44 82 46 33 -
                   veronique.duhoux@consultants.publicis.fr
Vilizara Lazarova  +33 (0)1 44 82 46 34 -
                   vilizara.lazarova@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

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BOURBON (EPA:GBB) BOURBON - 2011 General Meeting & Decision of the Board

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