CAMERON IRON WORKS RETIREMENT BENEFITS PENSION PLAN (1974) (THE "PLAN")

Notice pursuant to section 27 of the Trustee Act 1925

This notice is given pursuant to Section 27 of the Trustee Act 1925. Notice is here­by given that the Trustee of the Plan is intend­ing to wind up the Plan in accordance with the Plan’s Trust Deed and Rules.

Following a bulk transfer of the majority of members to the Schlumberger UK Pension Scheme, and the payment of lump sums to extinguish the liabilities of members who remained in the Plan, the Trustee believes that all entitlements to benefits in the Plan have been extin­guished. Any persons (un­less they fall into one of the categories below) having a claim or interest in the Plan, including those whose benefits were transferred into the Plan from the Cooper Energy Services Retirement Benefits Plan in 1995 or from the Orbit Valves Staff Pension Scheme in 2000, are required to send written details of such claim or int­erest, together with details of their full name, address and date of birth and copies of any documents in their possession which support their claim or interest, to the Trustee of the Plan, c/o HS Pensions, 25 Goodlass Road, Liverpool, L24 9HJ, no later than two months from the date of this notice. In order to ensure that the Trustee receives notice of any such written details, the Trustee recommends that written details of any claims are sent by a guaranteed delivery method.

As soon as possible after the expiry of the two month period referred to above, the Trustee will distribute any remaining Plan assets in accordance with the Plan’s Trust Deed and Rules and overriding legis­lation to provide benefits for the members and any other persons entitled to benefits, hav­ing regard only to claims and interests of which they have had notice, and wind up the Plan. The Trustee will not, in respect of the property so distributed, be liable to any person of whose claim it has not had notice.

Please note that you do not need to con­tact the Trustee in relation to this notice if you have:

a) been notified of the transfer of your benefits from the Plan to the Schlum­berger UK Pension Scheme; or

b) made a claim for benefits from the Plan and received a response.

For and on behalf of the Trustee of the Cameron Iron Works Retirement Benefits Plan (1974)

Ag XH90449