Today, the Board of Directors of Saipem S.p.A. has approved the Saipem Group consolidated interim results for the six months ended June 30, 2007, which are subject to a limited audit. Saipem confirms an operating profit of 409 million euro (+ 68%) and a net profit of 268 million euro (+ 65%), as reported on July 24, 2007 upon the approval of the Second Quarter Report at June 30, 2007.
The Saipem Group Interim Report has been submitted to the company Statutory Auditors and Independent Auditors
We enclose Saipem Group’s Reclassified Consolidated Income Statement and Reclassified Consolidated Balance Sheet at June 30, 2007.