Stolt Offshore Appoints CFO

Monday, February 24, 2003
Stuart Jackson has been appointed as Chief Financial Officer for Stolt Offshore. He will start with the company on April 22, 2003. Stuart Jackson is a graduate Chartered Management Accountant with 19 years energy sector experience including 11 years in the oil and gas industry. He joined Marathon Oil in London in 1983 as a financial analyst before moving to LASMO in 1985 where he held various financial management positions in London, the Far East and North Africa. In 1995 he joined Humber Power, an independent power generation company, as Commercial and Finance Director and Deputy General Manager for operations in London and Lincolnshire. In 2000 he joined NRG Energy, a NYSE listed power generation company, as Executive Director, Asset Management and Trading. He was appointed Executive Director, Business Development in 2001 and Vice President and Managing Director in 2002.

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