MANDATORY NOTIFICATION

9/4/2012 2:19 AM EST

Name of Primary Insider
John Evans
Position in Subsea 7 SA
Chief Operating Officer
Date of Transaction
Sept 3 2012
Type of Transaction
Vesting (award) of restricted shares
Type of Security traded
Subsea 7 SA shares (SUBC.NO)
Number of shares purchased
18,104
Price purchased at
NOK 135.6343


Name of Primary Insider
John Evans
Position in Subsea 7 SA
Chief Operating Officer
Date of Transaction
3 September 2012
Type of Transaction
Sale of shares to satisfy tax charge on vesting of 
restricted shares
Type of Security traded
Subsea 7 SA shares (SUBC.NO)
Number of shares sold
9,471
Price sold at
NOK 135.6343


Number of Shares owned by Primary Insider
·	Owned Shares: 40,233
·	Performance Shares: 0
·	Restricted Shares: 54,