Luxembourg - July 11, 2012 - Subsea 7 S.A. (Oslo 
Børs: SUBC) (the "Company") announced today that the 
Channel Islands Stock Exchange (the Exchange) has 
admitted to the Official List of the Exchange a 
US$301,011,102 loan note due 31 December 2016 and a 
US$150,000,000 loan note due 31 December 2016 issued 
by Subsea 7 Senior Holdings (UK) Limited. The listing 
of the loan notes is part of a restructuring of the 
Subsea 7 Group's internal financing. No external 
financing has been raised in relation to these loan 
notes or this listing.
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Subsea 7 S.A. is a seabed-to-surface engineering, 
construction and services contractor to the offshore 
energy industry worldwide. We provide integrated 
services, and we plan, design and deliver complex 
projects in harsh and challenging environments.
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For further information, please contact:
Paul Gooden
Subsea 7 S.A.
+44 (0)20 8210 5568
paul.gooden@subsea7.com
www.subsea7.com