BOURBON: Combined Annual and Special Shareholders’ Meeting of May 30, 2008

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June 2, 2008

PARIS, June 2 /PRNewswire-FirstCall/ — BOURBON’s Combined Annual and Special Shareholders’ meeting, chaired by Mr. Jacques de Chateauvieux, was held on Friday May 30, 2008 at the Palais Brongniart, Paris. All the resolutions were approved by the shareholders, specifically: - Distribution of a dividend of 1 euro per share This dividend, over 60% higher than that for 2006, will be paid on June 9, 2008. It will generate a 40% tax credit (representing 0.40 euro per share) applicable to individuals who are resident in France for tax purposes. This 1 euro dividend includes an exceptional dividend of 0.30 euro, due mainly to the finalization of the sale process of Vindemia, as announced in the 2003-2007 strategic plan. - Renewal of the mandates of Messers Christian Munier, Guy Dupont, Christian d’Armand de Chateauvieux and Henri d’Armand de Chateauvieux, ratification of the co-option of Ms Lan Vo Thi Huyen, and the appointment of Mr. Baudouin Monnoyeur as Directors of the Board of BOURBON.At this Meeting, the Chairman also informed shareholders that from March 12 to May 23, 2008, BOURBON bought 1,225,955 BOURBON shares at an average price of less than 39 euros.This stock buyback was carried out in the context of the Board of Directors’ decision in December 10, 2007 to award stock options.It will avoid the need for new shares to be issued and the consequent dilutive effect. Financial Calendar - 2nd quarter and 1st half 2008 financial results: August 7, 2008 - Presentation of first half 2008 results: August 27, 2008 - 3 rd quarter 2008 financial results: November 6, 2008The 2007 annual report is available in French on the BOURBON website: About BOURBONWith 4,300 professionals and a fleet of 236 owned vessels with 204 units on order, BOURBON is present in more than 25 countries.BOURBON offers a broad range of offshore oil and gas marine services. Under the Horizon 2012 plan, BOURBON intends to become the leader in modern offshore oil and gas marine services by offering the most demanding clients worldwide, a full line of innovative, high performance and new-generation vessels and an expanded offer of Subsea Services.BOURBON also specializes in bulk transport and protects the French coastline for the French Navy.Classified by ICB (Industry Classification Benchmark) in the “Oil Services” sector, BOURBON is listed for trading on Euronext Paris, Compartment A, and is included in the Deferred Settlement Service SRD and in the SBF 120 and Dow Jones Stoxx 600 indices.BOURBON

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