Bouygues Offshore Announces Management Changes

Tuesday, October 30, 2001
Herve Le Bouc will now serve as Chairman of Bouygues Offshore and ETDE (Bouygues Construction's electrical contracting and networks subsidiary) while Jacques Leost will become CEO of Bouygues Offshore. Herve Le Boucwas Chairman and CEO of Bouygues Offshore since 1999. Previously Herve Le Bouc was CEO from 1996 to 1999, COO from 1994 to 1996 and Vice President Europe -Middle East - Pacific Area - Mexico from 1989 to 1994. Prior to joining the Company, Herve Le Bouc served as special director to the President of Screg from 1985 to 1989.

Jacques Leost was Managing Director and COO of the Bouygues Offshore since 2000. Previously Jacques Leost was COO from 1996 to 2000, vice president Africa - North Sea - Mexico from 1993 to 1996 and manager of Nigerian Operations from 1989 to 1993. Jacques Leost also served as managing director of the company's subsidiary, Solbos, from 1984 to 1989, as managing director of the Angolan subsidiary, Petromar, from 1984 to 1988 and as project director, site director and project engineer from 1976 to 1984.

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