REGULATED INFORMATION Buy-back programme for Saipem ordinary shares to cover the 2016-2018 Long-Term Incentive Plan

San Donato Milanese (Milan), August 5, 2016 - During the second week since the launch of the programme (August 1-5, 2016 inclusive), Saipem S.p.A. purchased no. 46,411,512 treasury shares (equal to 0.459% of the share capital) at the average price of Euro 0.3759 per share, for a total countervalue of Euro 17,448,290, under the power granted by the Company's Shareholders at their meeting of April 29, 2016.

Daily purchases are detailed hereafter:

DATE

NUMBER OF SHARES PURCHASED

AVERAGE UNITARY PRICE

COUNTERVALUE

01/08/2016

12,409,214

Euro 0.3850

Euro 4,777,547

02/08/2016

17,690,087

Euro 0.3713

Euro 6,568,329

03/08/2016

12,149,815

Euro 0.3701

Euro 4,496,877

04/08/2016

4,162,396

Euro 0.3857

Euro 1,605,536

05/08/2016

No purchases

TOTAL

46,411,512

Euro 0.3759

Euro 17,448,290

As at August 5, 2016, Saipem S.p.A. holds no. 71,061,344 treasury shares, representing 0.703% of the share capital.

Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Saipem provides a full range of services with "EPC" and "EPCI" contracts (on a "turn-key" basis) and has distinctive capabilities and unique assets with a high technological content.

Website: www.saipem.com Switchboard: +39 025201 Media relations Tel: +39 0252034088; E-mail: www.saipem.com iCorporate press office Tel: +39 024678752; Mobile: +39 3669134595; E-mail: saipem@icorporate.it Brunswick Group UK press office Tel.: + 44 020 7404 5959; E-mail: SAIPEM@BrunswickGroup.com Relations with institutional investors and financial analysts Tel: +39 0252034653; Fax: +39 0252054295; E-mail: investor.relations@saipem.com Contact point for retail investors E-mail: segreteria.societaria@saipem.com

Saipem S.p.A. published this content on 05 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 August 2016 16:35:07 UTC.

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