Technip: Payment of a Portion of the 2005 Dividend and 2005 Calendar of Financial Events.

PARIS -- Technip

Payment of a portion of the 2005 dividend:

    The Board of Directors of Technip chaired by Daniel Valot, which
met on November 17, 2004, approved the payment of a portion of the
2005 dividend in the amount of EUR 2.00 per share with an associated
dividend tax credit, or French "avoir fiscal" when applicable.
    This amount will be paid on Friday December 3, 2004.

2005 Calendar of financial events:

--  2004 Full Year Results
    Thursday, February 24, 2005

--  Annual Shareholders Meeting (1st notice)
    Thursday, April 21, 2005 (a)

--  Annual Shareholders Meeting (2nd notice)
    Friday, April 29, 2005 (a)

--  2005 First Quarter Results
    Thursday, May 19, 2005

--  2005 Second Quarter and First Half Results
    Thursday, July 28, 2005

--  2005 Third Quarter Results
    Thursday, November 17, 2005

(a) The Annual Shareholders Meeting will be convened on first notice
on April 21, 2005. In the event of an absence of quorum on this date,
the meeting will be reconvened on second notice on April 29, 2005.

This calendar is preliminary. It is available on the company's website (www.technip.com) where it will be updated throughout the year as necessary. Earnings results press releases will be distributed over main newswire services and posted on the company's web site before the openings of the Euronext and NYSE. Conference calls may be accessed via telephone and will also be broadcast over the company website in a listen-only mode. Dial-in details of conference calls will be made known generally 10 calendar days prior to the results release.

With a workforce of about 19,000 persons, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and Paris. The Group's main engineering and business centers are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, Finland and Angola as well as a world-class fleet of offshore construction vessels.

Technip's shares trade on the following exchanges: TKP listed NYSE and Euronext ISIN FR0000131708.