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ARTICLES
Expro Announces Pre-Close Trading Update and £144 million of Contract Wins

EXPRO INTERNATIONAL GROUP PLC
Expro International Group PLC (“Expro” or the “Group”) announces today that trading during the six months ending 30 September 2006 has seen a continuation of the positive momentum established in prior periods. Expro’s focused organic strategy coupled with the acquisition of Power Well Services Inc. (“PWS”), has enabled the new combined business to build an enhanced platform for sustained progress.

The market for late cycle upstream oil and gas products and services remains very positive. Driven by global demand for energy, the hydrocarbon industry continues to be the only real answer to the supply equation, a situation which is likely to prevail out to 2010 and beyond. This environment has driven strong demand for oil and gas well activities and as a consequence all Expro product lines are enjoying high levels of demand.

Integration of PWS

The acquisition of PWS was a step change in the global development of Expro, adding markets and technologies to our portfolio, whilst bringing synergies to the Group and assisting our existing growth strategies. The integration of PWS is progressing well and at a pace ahead of our initial plans. Our customers have welcomed our enhanced capability and the benefits are already being seen. PWS has brought to us a strong business platform in the increasingly important markets of the Middle East and Brazil. The technology within Power Chokes is benefiting our domestic U.S. business, as well as providing good international growth prospects. In the former market, our Choke products play an essential role in the development of unconventional, land based gas reserves where flow management in association with rock fracturing is critical to commercialisation of tight gas prospects. This type of gas field is increasingly important within the domestic U.S market which is becoming service intensive as more complex reservoirs are exploited.

New Contract Wins totalling £144 million

In the Regional Businesses, where the majority of PWS’ products and services fit, £88 million of new business was secured in the period. Now organised on an Eastern and Western hemisphere basis, all geographic areas enjoyed new contract awards which are phased to deliver income over the coming 5 years.

In the Eastern hemisphere new contracts were secured in the North Sea with Statoil, CNR and Gaz de France totalling £16 million. In the markets of North and West Africa further progress was made in Algeria, and Libya for Total, Repsol, Woodside and Sonatrach with Total and Woodside also featuring in new business awards offshore West Africa in Angola and Mauritania. The total of new African business came to £32 million. Notable was the contract award valued at £24 million over 3 years made by Saudi Aramco as a result of the PWS acquisition. This new market position and contract for Expro offers considerable promise as a growth platform in the important Middle East region.

In the Western Hemisphere a further £16 million of new contracts were secured, the most notable being the continuation of progress in the deepwater Gulf of Mexico with welltest awards from BHP and Anadarko, complementing our existing deepwater subsea contracts. In South America, excellent progress is being made in establishing Expro as a preferred supplier to Petrobras in Brazil for welltesting services and establishing a solid distribution platform for additional Group products.




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