Bouygues Offshore: Resignation - Co-optation of new Board of Directors.

Business Editors

The Board of Directors of Bouygues Offshore (Paris:BOS.PA)(NYSE:BWG) met on July 9, to discuss, among other issues, the following topics:

Resignation - Co-optation of new Directors

The Board was informed of the resignation of the following members as of July 4, 2002:

-- Patrick RAMBAUD,

-- Yves LESAGE.

The new Board of Directors is now composed as follows:

-- Patrick RAMBAUD,

-- Yves LESAGE.

Operating Officer,

-- Giulio BOZZINI, SAIPEM SpA Strategy and External Relations Senior Vice President,

-- Patrick RAMBAUD,

-- Yves LESAGE.

Offshore Constructions,

-- Alessandro BERNINI, SAIPEM SpA Administration, Finance & Control Senior Vice President,

-- Patrick RAMBAUD,

-- Yves LESAGE.

From engineering to startup and maintenance, Bouygues Offshore offers turnkey projects in onshore and offshore oil and gas production, liquefied gas, port facilities and chemical-refining and energy.

Backed by our commitment, talented teamwork and local presence, we provide global, dependable, innovative energy solutions that translate into success for our customers and ourselves.

For additional information, visit www.bouygues-offshore.com.