VALLOUREC
French limited liability company (société anonyme) with a Management Board and a Supervisory Board
with share capital of € 271,376,864
Registered office: 27, avenue du Général Leclerc, 92100 Boulogne-Billancourt, France
Registered on the Nanterre Trade and Companies Register under no. 552 142 200
Boulogne-Billancourt, 5 February 2016
Monthly information relating to the total number of voting rights
and shares comprising the share capital
Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (AMF)
| Date | Total number of outstanding shares | Theoretical total number of voting rights* | Net total number of voting rights |
| 31 January 2016 | 135 688 432 | 146 945 756 | 144 826 702 |
| 31 December 2015 | 135 688 432 | 146 949 907 | 144 880 853 |
| 30 November 2015 | 133 688 435 | 144 901 125 | 142 832 035 |
| 31 October 2015 | 133 688 435 | 144 903 133 | 142 819 161 |
| 30 September 2015 | 133 688 435 | 144 903 002 | 142 829 000 |
| 31 August 2015 | 133 688 435 | 144 899 452 | 142 852 914 |
| 31 July 2015 | 133 688 435 | 144 603 912 | 142 584 826 |
| 30 June 2015 | 133 688 435 | 144 570 307 | 142 496 657 |
| 31 May 2015 | 130 597 975 | 141 488 633 | 139 432 441 |
| 30 April 2015 | 130 597 975 | 141 458 138 | 139 406 880 |
| 31 March 2015 | 130 597 975 | 141 456 943 | 139 517 944 |
| 28 February 2015 | 130 597 975 | 141 456 203 | 139 507 933 |
* The theoretical, (or gross), number of voting rights is used as the basis for calculating the crossing of thresholds: it includes voting rights stripped from shares that do not have the right to vote (own controlled shares, liquidity contract, etc...).
The by-laws of Vallourec contain a provision imposing an obligation to declare crossing thresholds in addition to those relating to legal thresholds.
This information is also available on the Vallourec website under "Capital & shareholding" or "information réglementée": http://www.vallourec.fr/uk/actionnaires/actionnariat.asp
