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Statement Of The Supervisory Board Of Stork Technical Services B.V. ("Stork" Or "Company")

UTRECHT, The Netherlands, June 28, 2013 /PRNewswire/ --

"A new composition of the Board of Management of Stork Technical Services"

The Supervisory Board has the intention to appoint Mr. Arnold Steenbakker as the new CEO effective 1 st July 2013, subject to the advice of the Central Works Council. At the same time, Doug Meikle and David Workman will resign as CEO and COO of the Company. As a result the new Board of Management will exist of two people, Mr. Arnold Steenbakker and Mr. Pim Oomens respectively as CEO and CFO.

Mr. Steenbakker (1957) has developed extensive international experience in the Oil & Gas Industry during his 22 years with Fluor Corporation in several senior management positions and international assignments. During his last three years at Fluor he was responsible for growing its operations and maintenance business worldwide. Thereafter he joined Fugro (2005), where he was COO of two of its divisions before taking the position of Chairman of the Board of Management through to November 2012.

His experience gives Mr. Steenbakker deep knowledge of our industry, hands on project management experience, a clear understanding of the requirements of our customers, combined with a long term strategic view of the development potential of Stork. Mr. Steenbakker is therefore ideally placed, alongside Mr. Oomens and the rest of the senior management of Stork to drive the Company forward, grow our business internationally, whilst maintaining a strong and profitable position in Europe.

We would like to thank Mr. Meikle for his efforts from 2009 till now for the work he has done in consolidating the Company's operations and implementing the one Stork concept, with a clear focus on becoming a global supplier of maintenance and integrity services to the Oil & Gas and Process Industry. Its professionalism, international presence, customer focus and safety record grew under his leadership.

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