Saipem: Financial Calendar 2010

 December 18, 2009; h 12:00

Review and announcement of financial results for 2010

San Donato Milanese (Milan), 18 December 2009 – Saipem announces the dates of the publication of its financial results, to be approved by its Board of Directors in 2010:

• February 10, 2010: Preliminary consolidated financial statements at December 31, 2009; dividend estimate for the 2009 financial year; press release and conference call;
  
  
• March 10, 2010: Saipem Group consolidated financial statements and Saipem S.p.A. draft financial statements at December 31, 2009; Sustainability Report 2009; dividend proposal for 2009; press release;
  
  
• April 22, 2010: First quarter 2010 results; press release and conference call;
  
  
• July 27, 2010: Second quarter 2010 results and interim financial report at June 30, 2010; press release and conference call;
  
  
• October 27, 2010: Third quarter 2010 results; press release and conference call.
  
  

The Annual General Meeting of Shareholders for the approval of the financial statements of Saipem S.p.A. at December 31, 2009 and the allocation of net income will be held on April 16 and 26, 2010 (first and second call, respectively).

The dividend for the 2009 financial year will be paid on May 27, 2010 (ex-dividend date: May 24, 2010).

Any amendment to the above calendar will be notified to the market.

Saipem, 43% owned by Eni, is organised in three Business Units: Offshore, Onshore and Drilling, with a strong bias towards oil & gas related activities in remote areas and deepwater. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and the execution of large scale offshore and onshore projects, and technological competences such as gas monetisation and heavy oil exploitation.

Website: www.saipem.it
Switchboard: +39-025201
Shareholder Information:
Saipem S.p.A., Via Martiri di Cefalonia, 67 - 20097 San Donato Milanese (MI), Italy
Relations with institutional investors and financial analysts:
Tel.: +39-02520.34653
Fax: +39-02520.54295
E-mail: investor.relations@Saipem.eni.it