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ETPM |
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Mr Hurlock replaces Mr Pierre Laborie, formerly Vice President and Chairman of ETPM, who resigned from the Board on February 6th 2002 on the notification from Vinci that they wished to sell their shares in Stolt Offshore as permitted by the terms of the ETPM acquisition agreement. 1 million Stolt Offshore Common shares issued as partial compensation in the ETPM acquisition in December 1999, has advised Stolt Offshore of its intention to sell all of its Stolt Offshore shares as permitted by the ETPM acquisition agreement. 1 million SOSA Common shares issued to Vinci as partial compensation for the ETPM acquisition for a total cash outlay of $113. |
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