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Press Release

91¾«Æ·: PDMR Notification

February 21, 2018

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Feb. 28, 2018-- Regulatory News:

91¾«Æ· ("91¾«Æ·") (Paris: FTI) (NYSE: FTI) (ISIN: GB00BDSFG982) announces that as of 26 February 2018, as noted below, a number of persons discharging managerial responsibilities have the following interests in 91¾«Æ·.

The notifications below have been made in accordance with the requirements of the EU Market Abuse Regulation.

ANNEX

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Ìý Details of the person discharging managerial responsibilities/person closely associated
a) Ìý Name Ìý Douglas J. Pferdehirt
2 Ìý Reason for the notification
a) Ìý Position/status Ìý Director and Chief Executive Officer
b) Ìý Initial notification/ Amendment Ìý Initial notification
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Ìý Name Ìý 91¾«Æ·
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30
c) Ìý Currency Ìý USD
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 193,011

e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction)
f) Ìý Date of the transaction Ìý 26 February 2018
g) Ìý Place of the transaction Ìý Outside the Trading Venue
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Maryann Mannen Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer - Executive Vice President and Chief Financial Officer Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 68,774

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Dianne Ralston Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer - Executive Vice President, Chief Legal Officer and

Secretary

Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 46,589

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Bradley Beitler Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer - Executive Vice President of Technology and R&D Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 19,966

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Samik Muhkerjee Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer – Executive Vice President of Corporate Development, Strategy, Digital & IT Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 13,311

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Arnaud Pieton Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer - Executive Vice President of People & Culture Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 19,966

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated
a) Ìý Name Arnaud Pieton
2 Ìý Reason for the notification
a) Ìý Position/status Officer - Executive Vice President of People & Culture
b) Ìý Initial notification/ Amendment Initial notification
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Ìý Name 91¾«Æ·
b) Ìý Legal Entity Identifier Code 549300D5I93QWCJTCK36
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

b) Ìý Nature of the transaction Open market sale of Ordinary Shares
c) Ìý Currency EUR
d) Ìý Price(s) and volume(s) Price: €24.98

Volume / No. of Shares: 1,400

e) Ìý Aggregated information:

- Aggregated Volume

- Price

N/A (single transaction)
f) Ìý Date of the transaction 26 February 2018
g) Ìý Place of the transaction Euronext Paris
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Richard Alabaster Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer – President of Surface Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 18,857

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Barry Glickman Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer – President of Engineering, Manufacturing and Supply Chain Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 27,731

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Hallvard Hasselknippe Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer – President of Subsea Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 27,731

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý
1 Ìý Details of the person discharging managerial responsibilities/person closely associated Ìý
a) Ìý Name Ìý Nello Uccelletti Ìý
2 Ìý Reason for the notification Ìý
a) Ìý Position/status Ìý Officer – President of Onshore/Offshore Ìý
b) Ìý Initial notification/ Amendment Ìý Initial notification Ìý
3 Ìý Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ìý
a) Ìý Name Ìý 91¾«Æ· Ìý
b) Ìý Legal Entity Identifier Code Ìý 549300D5I93QWCJTCK36 Ìý
4 Ìý Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Ìý
a) Ìý Description of the financial instrument, type of instrument

Identification code

Ìý Ordinary Shares of USD 1 each

ISIN: GB00BDSFG982

Ìý
b) Ìý Nature of the transaction Ìý Grant of employee stock options (right to buy) that will vest on 26 February 2021 with an exercise price of $30.30 Ìý
c) Ìý Currency Ìý USD Ìý
d) Ìý Price(s) and volume(s) Ìý Price: $30.30 option exercise price

Volume / No. of Shares: 27,731

Ìý
e) Ìý Aggregated information:

- Aggregated Volume

- Price

Ìý N/A (single transaction) Ìý
f) Ìý Date of the transaction Ìý 26 February 2018 Ìý
g) Ìý Place of the transaction Ìý Outside the Trading Venue Ìý

Ìý

Source: 91¾«Æ·

91¾«Æ·