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These materials are for informational purposes only and are not directed to, nor are they intended for, access by persons located or resident in the United States, United Kingdom, Australia, Canada or Japan or one of the Other Countries. I certify that:

  1. A.I am not resident of, or located in, the United States, United Kingdom, Australia, Canada or Japan or one of the Other Countries; or
  2. B.If I am a resident of, or located in, the United States, I represent an entity, acting for its own account or the accounts of other qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with the entity or is otherwise a qualified institutional buyer as defined in Rule 144A of the Securities Act; or
  3. CIf I am a resident of, or located in, the EEA, I am a Qualified Investor within the meaning of Article 2(1)(e) of the Prospectus Directive; or
  4. D If I am a resident of, or located in, the United Kingdom, I am a Qualified investor and a relevant person.

I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be bound by its terms

I accept the terms.

WARNING: the above certification constitutes a 'self-certification' pursuant to Decree of the President of the Italian Republic No. 445 of 28 December 2000. False certifications are punishable by law.

Saipem S.p.A. issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 21:41:16 UTC

Original Document: http://www.saipem.com/sites/SAIPEM_en_IT/aucap/disclaimer cs 11_02.page