Frank’s International N.V. (the “Company”) announced today that it has completed its initial public offering of 34,500,000 shares of its common stock at $22.00 per share, including the exercise in full by the underwriters of their option to purchase an additional 4,500,000 shares of common stock from the Company. Net proceeds received by the Company from the sale of 34,500,000 shares of common stock were approximately $711.9 million after deducting underwriting discounts and estimated offering expenses. The Company will use a portion of the net proceeds to repay in full outstanding notes payable to FWW B.V. (“FWW”), under which there was an aggregate of $415.4 million outstanding as of June 30, 2013. Following the completion of the offering, FWW owns 119,024,000 shares of the Company’s common stock, representing 57.6% of the voting power in the Company. The remaining net proceeds will be contributed to Frank’s International C.V. (“FICV”). FICV will use such proceeds for general corporate purposes. Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Simmons & Company International, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and UBS Securities LLC acted as joint book-running managers for the offering. A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This offering will be made only by means of a written prospectus forming part of the effective registration statement. A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained from the offices of: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling 1-888-603-5847, or by emailing Barclaysprospectus@broadridge.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, Level B1, New York, NY 10010, or by calling 1-800-221-1037, or by emailing firstname.lastname@example.org; Simmons & Company International, 700 Louisiana Street, Suite 1900, Houston, TX 77002, or by calling 1-800-856-5508 or by emailing email@example.com; Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling 1-800-831–9146, or by emailing firstname.lastname@example.org; Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by calling 1-866-718-1649, or by emailing email@example.com; Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, or by calling 1-866-471-2526, or by emailing firstname.lastname@example.org; and UBS Investment Bank, Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171 or by calling 1-888 827-7275. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described above, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.