Acergy Continues Share Buyback Program

Acergy S.A. (NASDAQ:ACGY) (Oslo:ACY.OL) advises that it has purchased an additional 25,900 of its common shares at an average price of NOK 116.25 per share. The shares were purchased in accordance with its share repurchase program previously announced on September 11, 2006.

The shares have been acquired on the Oslo Stock Exchange and were purchased in the market according to the authority granted by the Board.

As a result of this transaction, Acergy S.A. holds directly 138,800 of its own shares, representing 0.07% of the total outstanding shares, as well as indirectly holding 879,121 shares representing 0.45% of the total outstanding shares.

Acergy S.A. is a seabed-to-surface engineering and construction contractor for the offshore oil and gas industry worldwide. We plan, design and deliver complex, integrated projects in harsh and challenging environments.