2nd December 2008

WOOD GROUP AND SERBA ALLIANCE ENTER INTO TERM MAINTENANCE AGREEMENT WITH GAS BERHAD

As a result of an alliance between the Gas Turbine Services division (“GTS”) of international energy services company, John Wood Group PLC (“Wood Group”) and ’s Serba Dinamik Sdn Bhd (“Serba”), a Short Term Maintenance Agreement has been entered into with Petronas Gas Berhad (“PGB”). Under this Agreement, Wood Group and Serba in alliance will provide all parts, repairs, and field services to nine (9) General Electric Frame 6B gas turbine generators located at PGB’s Kerteh and Centralised Utility Facilities (CUF) in Malaysia.

The Wood Group and Serba Alliance have been performing transactional maintenance activities at the Kerteh and Gebeng facilities for several years. This agreement represents the largest bundled major maintenance contract awarded to the Wood Group Serba Alliance since commercial operation of the CUF units. The Agreement will cover the upcoming 2008 and 2009 maintenance outages on these nine (9) General Electric gas turbine generators and will provide PGB with a single source for all of their maintenance needs.

PGB has been a Wood Group customer for several years, and throughout this relationship, the two companies have built a foundation upon which this new agreement resides. This agreement further demonstrates Wood Group’s ability to provide exceptional customer solutions for gas turbine maintenance services in the Asia Pacific region.

“Serba Dinamik’s alliance with Wood Group has established a qualified service provider in Southeast Asia with technical experience to rival that of the OEM,” states Ir Abdul Karim, Group MD of Serba Dinamik.

Larry DePompei, Vice-President of Sales for Wood Group Contractual Solutions, stated: “This agreement exemplifies the growing relationship among PGB, Wood Group and Serba while continuing to display Wood Group’s commitment to the Malaysian and Southeast Asian market.”

- Ends- Wood Group is an international energy services company with approximately $5.0bn sales, employing approximately 27,000 people worldwide and operating in 46 countries. The Group has three businesses - Engineering & Production Facilities, Well Support, and Gas Turbine Services - providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.

Wood Group Gas Turbine Services (GTS) is a leading world-wide independent provider of operations, maintenance, repair and overhaul services for gas turbines, steam turbines, generators, and other high-speed rotating equipment, including pumps and compressors. The company also repairs gas turbine accessories and components and provides power plants on a turnkey basis.

Wood Group Contractual Solutions works with customers world-wide to provide highly- structured customized term maintenance solutions that combine the broad suite of services and products offered by Wood Group.

Petronas Gas Berhad is the gas processing and transmission subsidiary company of Petroliam Nasional Berhad (Petronas), the national oil company which holds 60.63 % equity in PGB. PGB was listed on the Main Board of the Stock Exchange on 4 September 1995. PGB has expanded its scope of activities beyond the processing and transmission of natural gas to include supplying of industrial utilities such as steam, electricity, oxygen, nitrogen, compressed air and waste treatment to the petrochemical complexes in the Kerteh Industrial Petrochemical Complex in Kerteh, and Gebeng Industrial Complex in under the Centralised Utility Facilities (CUF) operations.

Serba Dinamik Group is a Malaysian company with an international focus oriented towards offering total engineering and commercial package solutions for gas turbines on a worldwide basis. SDSB was formed in June 1993 and has since been engaged in machinery installation, troubleshooting various problems using latest state of art technologies, machinery overhaul and inspection work of major equipment for PGB and other Process and Power Plants in Malaysia, SDSB has secured more than 200 contracts to date across Malaysia, Middle East and Africa and continues to expand its geographic footprint.

For further information contact Carolyn Smith, Corporate Communications – Eastern Hemisphere, Wood Group Tel: +44 (0) 1224 851099, email: [email protected]

Bobbie Ireland, Corporate Communications – Americas, Wood Group Tel: +1 (281) 828 3505, email: [email protected]