Subsea 7 Appoints New Director

Subsea 7 has reports that effective December 6, 2005, Allen L. Stevens has been appointed as a Director of the company.

Mr. Stevens (62) has gained extensive marine industry and maritime financing experience holding senior executive and management positions with Great Lakes Transport Limited, McLean Industries Inc and Sea-Land Service Inc. A graduate of the University of Michigan and Harvard Law and Business Schools, Mr. Stevens brings with him to the role many years experience in shipping, finance and management.

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