SBM ProShares Short Basic Materials

SBM Offshore N.V. (SBM Offshore or 'the Company') is pleased to announce that during the Annual General Meeting of Shareholders of the Company on 15 April 2015 all resolutions as proposed were adopted. These include the appointments of Mr S. Hepkema, Mrs L. Mulliez and Mrs C. Richard as members of the Supervisory Board.

In addition, Mr P. Barril was appointed member of the Management Board and Chief Operating Officer and Mr E. Lagendijk was appointed a member of the Management Board and Chief Governance and Compliance Officer.

Mr F. Cremers has taken over the role of Supervisory Board Chairman from Mr H. Rothermund, who stepped down from the Supervisory Board after completing his third and final term. Mr. T. Ehret has taken over the vice-Chairman role from Mr. F. Cremers.

For further details reference is made to the corporate website.

Corporate Profile

SBM Offshore N.V. (the "Company") is a listed holding company that is headquartered in Schiedam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore group.

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product life-cycle.  SBM Offshore is market leading in leased floating production systems with multiple units currently in operation and has unrivalled operational experience in this field.  SBM Offshore's main activities are the design, supply, installation, operation and the life extension of Floating Production, Storage and Offloading (FPSO) vessels.  These are either owned and operated by SBM Offshore and leased to its clients or supplied on a turnkey sale basis.

Group companies employ over 10,200 people worldwide.  Full time company employees totalling 6,400 are spread over five regional centres, eleven operational shore bases and the offshore fleet of vessels.  A further 3,800 are working for the joint ventures with several construction yards.  Please visit our website at www.sbmoffshore.com.

The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate entities.  In this communication "SBM Offshore" is sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies concerned.

The Management BoardSchiedam, The Netherlands, April 17, 2015

For further information, please contact:

Investor RelationsNicolas D. RobertHead of Investor Relations

Media Relations Anne Guerin-MoensGroup Communications Director

Disclaimer

Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Company's business to differ materially and adversely from the forward-looking statements. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "may", "will", "should", "would be", "expects" or "anticipates" or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected. SBM Offshore NV does not intend, and does not assume any obligation, to update any industry information or forward-looking statements set forth in this release to reflect subsequent events or circumstances.

To see the complete version of the Press Release, please click on the link below

SBM Offshore Press Release http://hugin.info/130754/R/1912120/682399.pdf

HUG#1912120

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