Exhibit 10.1(a)

EX-10.1.A 3 c03631exv10w1wa.htm EXHIBIT 10.1(A) Exhibit 10.1(a)

Exhibit 10.1(a)

EXHIBIT A-1

TO

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Commitments


Name of Lender	Commitment
JPMorgan Chase Bank, N.A.	$	90,000,000.00
Bank of America, N.A.	$	90,000,000.00
BNP Paribas	$	80,000,000.00
The Royal Bank of Scotland plc	$	80,000,000.00
Wells Fargo Bank, N.A.	$	80,000,000.00
Credit Agricole Corporate & Investment Banking	$	80,000,000.00
Compass Bank	$	66,666,666.67
U.S. Bank National Association	$	66,666,666.67
ING Bank, N.V.	$	66,666,666.66
Bank of Montreal	$	54,000,000.00
UBS AG, Stamford Branch	$	42,000,000.00
Sumitomo Mitsui Banking Corporation	$	30,000,000.00
Riyad Bank, Houston Agency	$	30,000,000.00
Capital One Bank, N.A.	$	26,750,000.00
Abu Dhabi International Bank Inc.	$	25,000,000.00
The Northern Trust Company	$	25,000,000.00
Standard Chartered Bank	$	25,000,000.00
Amegy Bank	$	25,000,000.00
Bank of Texas, N.A.	$	25,000,000.00


Name of Lender	Commitment
HSBC Bank USA	$	25,000,000.00
Commerzbank AG, US and Grand Cayman Branches	$	25,000,000.00
Comerica Bank	$	25,000,000.00
Arab Banking Corporation BSC	$	17,250,000.00

TOTAL	$	1,100,000,000

EXHIBIT A-2

AMENDED AND RESTATED CREDIT AGREEMENT

Issuing Banks

JPMorgan Chase Bank, N.A.

Bank of America, N.A.

Bank of Montreal

Wells Fargo Bank, N.A.

The Royal Bank of Scotland plc

Compass Bank

U.S. Bank National Association

BNP Paribas

EXHIBIT A-3

AMENDED AND RESTATED CREDIT AGREEMENT

Mandatory Cost

The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

On the first day of each Interest Period (or as soon as possible thereafter) the Administrative Agent shall calculate, as a percentage rate, a rate (the “Associated Costs Rate”) for each Lender, in accordance with the paragraphs set out below. The Mandatory Cost will be calculated by the Administrative Agent as a weighted average of the Lenders’ Associated Costs Rates (weighted in proportion to the percentage participation of each Lender in the relevant Loan) and will be expressed as a percentage rate per annum.

The Associated Costs Rate for any Lender lending from a Facility Office in a Participating Member State will be the percentage notified by that Lender to the Administrative Agent. This percentage will be certified by that Lender in its notice to the Administrative Agent to be its reasonable determination of the cost (expressed as a percentage of that Lender’s participation in all Loans made from that Facility Office) of complying with the minimum reserve requirements of the European Central Bank in respect of loans made from that Facility Office.

The Associated Costs Rate for any Lender lending from a Facility Office in the United Kingdom will be calculated by the Administrative Agent as follows:

(a)

in relation to a Loan in Pounds Sterling:


AB+C(B – D)+ E x 0.01 100 – (A+C)		per cent. per annum

(b)

in relation to a Loan in any currency other than Pounds Sterling:


E x 0.01 300		per cent. per annum.

Where:

is the percentage of Eligible Liabilities (assuming these to be in excess of any stated minimum) which that Lender is from time to time required to maintain as an interest free cash ratio deposit with the Bank of England to comply with cash ratio requirements.

is the percentage rate of interest (excluding the Applicable Eurodollar Margin and the Mandatory Cost and, if the Loan is an Unpaid Sum, the additional rate of interest specified in Section 2.13(c) payable for the relevant Interest Period on the Loan.

is the percentage (if any) of Eligible Liabilities which that Lender is required from time to time to maintain as interest bearing Special Deposits with the Bank of England.

is the percentage rate per annum payable by the Bank of England to the Administrative Agent on interest bearing Special Deposits.

is designed to compensate Lenders for amounts payable under the Fees Rules and is calculated by the Administrative Agent as being the average of the most recent rates of charge supplied by the Reference Banks to the Administrative Agent pursuant to paragraph 7 below and expressed in pounds per £1,000,000.

For the purposes of this Schedule:

(a)

“Eligible Liabilities” and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of England Act 1998 or (as may be appropriate) by the Bank of England;

(b)

“Facility Office” means the office or offices notified by a Lender to the Administrative Agent in writing on or before the date it becomes a Lender (or, following that date, by not less than five Business Days’ written notice) as the office or offices through which it will perform its obligations under this Agreement.

(c)

“Fees Rules” means the rules on periodic fees contained in the FSA Supervision Manual or such other law or regulation as may be in force from time to time in respect of the payment of fees for the acceptance of deposits;

(d)

“Fee Tariffs” means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking into account any applicable discount rate);

(e)

“Participating Member State” means any member state of the European Union that adopts or has adopted the euro as its lawful currency in accordance with legislation of the European Union relating to economic and monetary union.

(f)

“Reference Banks” means, in relation to Mandatory Cost, the principal London offices of JPMorgan Chase Bank, N.A.

(g)

“Tariff Base” has the meaning given to it in, and will be calculated in accordance with, the Fees Rules.

(h)

“Unpaid Sum” means any sum due and payable but unpaid by the relevant Borrower under the Loan Documents.

In application of the above formulae, A, B, C and D will be included in the formulae as percentages (i.e. 5 per cent. will be included in the formula as 5 and not as 0.05). A negative result obtained by subtracting D from B shall be taken as zero. The resulting figures shall be rounded to four decimal places.

If requested by the Administrative Agent, each Reference Bank shall, as soon as practicable after publication by the Financial Services Authority, supply to the Administrative Agent, the rate of charge payable by that Reference Bank to the Financial Services Authority pursuant to the Fees Rules in respect of the relevant financial year of the Financial Services Authority (calculated for this purpose by that Reference Bank as being the average of the Fee Tariffs applicable to that Reference Bank for that financial year) and expressed in pounds per £1,000,000 of the Tariff Base of that Reference Bank.

Each Lender shall supply any information required by the Administrative Agent for the purpose of calculating its Associated Costs Rate. In particular, but without limitation, each Lender shall supply the following information on or prior to the date on which it becomes a Lender:

(i)

the jurisdiction of its Facility Office; and

(j)

any other information that the Administrative Agent may reasonably require for such purpose.

Each Lender shall promptly notify the Administrative Agent of any change to the information provided by it pursuant to this paragraph.

The percentages of each Lender for the purpose of A and C above and the rates of charge of each Reference Bank for the purpose of E above shall be determined by the Administrative Agent based upon the information supplied to it pursuant to paragraphs 7 and 8 above and on the assumption that, unless a Lender notifies the Administrative Agent to the contrary, each Lender’s obligations in relation to cash ratio deposits and Special Deposits are the same as those of a typical bank from its jurisdiction of incorporation with a Facility Office in the same jurisdiction as its Facility Office.

10.

The Administrative Agent shall have no liability to any person if such determination results in an Associated Costs Rate which over or under compensates any Lender and shall be entitled to assume that the information provided by any Lender or Reference Bank pursuant to paragraphs 3, 7 and 8 above is true and correct in all respects.

11.

The Administrative Agent shall distribute the additional amounts received as a result of the Mandatory Cost to the Lenders on the basis of the Associated Costs Rate for each Lender based on the information provided by each Lender and each Reference Bank pursuant to paragraphs 3, 7 and 8 above.

12.

Any determination by the Administrative Agent pursuant to this Schedule in relation to a formula, the Mandatory Cost, an Associated Costs Rate or any amount payable to a Lender shall, in the absence of manifest error, be conclusive and binding on all parties hereto.

The Administrative Agent may from time to time, after consultation with the relevant Borrower and the relevant Lenders, determine and notify to all parties hereto any amendments which are required to be made to this Schedule in order to comply with any change in law, regulation or any requirements from time to time imposed by the Bank of England, the Financial Services Authority or the European Central Bank (or, in any case, any other authority which replaces all or any of its functions) and any such determination shall, in the absence of manifest error, be conclusive and binding on all parties hereto.

EXHIBIT B

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Borrowing/Election Notice


TO:		JPMorgan Chase Bank, N.A., as contractual representative (the “Administrative Agent”) under that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among Chicago Bridge & Iron Company N.V., the Subsidiary Borrowers from time to time parties thereto, the financial institutions from time to time parties thereto as lenders (the “Lenders”) and the Administrative Agent (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).

The undersigned Borrower hereby gives to the Administrative Agent [and the Swing Line Bank] a [Borrowing/Election Notice pursuant to Section 2.2] [a Borrowing/Election Notice pursuant to Section 2.7] [Borrowing/Election Notice pursuant to Section 2.9(D)] of the Credit Agreement, and such Borrower hereby requests to [borrow] [convert] [continue] on , (the “Borrowing Date”) from the Lenders on a pro rata basis an aggregate principal amount of:

(a) [US $ ] in Revolving Loans [as a][which are presently outstanding as a [Floating Rate Advance][Eurodollar Rate Advance][be converted to][be continued as]]

•

Floating Rate Advance

•

Eurodollar Rate Advance

•

Applicable Interest Period of month(s).

(b)

$ in Swing Line Loans as a Floating Rate Advance.

The undersigned hereby certifies to the Administrative Agent and the Lenders that (i) the representations and warranties of the undersigned contained in Article VI of the Credit Agreement are and shall be true and correct on and as of the date hereof and on and as of the Borrowing Date (unless such representation and warranty is made as of a specified date, in which case, such representation and warranty shall be true and correct as of such date) except for changes in the Schedules to the Credit Agreement affecting transactions permitted by or not in violation of the Credit Agreement; (ii) no Default or Unmatured Default has occurred and is continuing on the date hereof or on the Borrowing Date or will result from the making of the proposed Advance; and (iii) the conditions set forth in [Section 5.2 and]¹ Section 5.3 of the Credit Agreement have been satisfied.


¹		To include for initial advance to new Subsidiary Borrower

Unless otherwise defined herein, terms defined in the Credit Agreement shall have the same meanings in this Borrowing/Election Notice.

Dated _____,


		[CHICAGO BRIDGE & IRON COMPANY N.V.] [SUBSIDIARY BORROWER]

		By:

				Name:
				Title:

EXHIBIT C

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Request for Letter of Credit


TO:		², an Issuing Bank under that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among Chicago Bridge & Iron Company N.V., the Subsidiary Borrowers from time to time parties thereto, the financial institutions from time to time parties thereto as lenders (the “Lenders”) and JPMorgan Chase Bank, N.A., as contractual representative for itself and the other Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) and

JPMORGAN CHASE BANK, N.A., as Administrative Agent
JPMorgan Chase Bank
10 S. Dearborn St.
Chicago, IL 60303
Attention: CLS Loan and Agency
Telecopier: 312-732-2729
Confirmation: 312-732-2006
Email: CLS.Agency.LC.Sold.Team@jpmchase.com

with a copy to

JPMorgan Securities Inc.
707 Travis Street
Houston, TX 77002
Attn: Janice Carter
Telecopier: 713-216-4651
Confirmation: 713-216-4383
Email: janice.carter@jpmorgan.com

Pursuant to Section 3.4 of the Credit Agreement, the undersigned Borrower hereby gives to the Issuing Bank a request for issuance of a [Financial][Performance]Letter of Credit on behalf of such Borrower for the benefit of ³, having an address of [ ], in the amount of [US $ ][ in the following Agreed Currency: ], with an effective date of , _____ (the “Effective Date”) and an expiry date of , _____.


²		Insert name of Issuing Bank.

³		Insert name of beneficiary (which may include a Subsidiary).

The undersigned hereby certifies that (i) the representations and warranties of the undersigned contained in Article VI of the Credit Agreement are and shall be true and correct on and as of the date hereof and on and as of the Effective Date (unless such representation and warranty is made as of a specified date, in which case, such representation and warranty shall be true and correct as of such date) except for changes in the Schedules to the Credit Agreement affecting transactions permitted by or not in violation of the Credit Agreement; (ii) no Default or Unmatured Default has occurred and is continuing on the date hereof or on the Effective Date or will result from the issuance of the proposed Letter of Credit; and (iii) the conditions set forth in Sections 3.4[, 5.2 ]⁴ and 5.3 of the Credit Agreement have been satisfied.


⁴		To include for initial Letter of Credit to new Subsidiary Borrower

Unless otherwise defined herein, terms defined in the Credit Agreement shall have the same meanings in this Request for Letter of Credit.


		Dated _________,

		[CHICAGO BRIDGE & IRON COMPANY N.V.] [SUBSIDIARY BORROWER]

		By:

				Name:
				Title:

EXHIBIT D

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Assignment and Acceptance Agreement

This Assignment Agreement (this “Assignment Agreement”) between (the “Assignor”) and (the “Assignee”) is dated as of , 20____. The parties hereto agree as follows:

(1) PRELIMINARY STATEMENT. The Assignor is a party to a Third Amended and Restated Credit Agreement (which, as it may be amended, modified, renewed or extended from time to time is herein called the “Credit Agreement”) described in Item 1 of Schedule 1 attached hereto (“Schedule 1”). Capitalized terms used herein and not otherwise defined herein shall have the meanings attributed to them in the Credit Agreement.

(2) ASSIGNMENT AND ASSUMPTION. The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to the Assignor’s rights and obligations under the Credit Agreement and the other Loan Documents, such that after giving effect to such assignment the Assignee shall have purchased pursuant to this Assignment Agreement the percentage interest specified in Item 3 of Schedule 1 of all outstanding rights and obligations under the Credit Agreement and the other Loan Documents relating to the facilities listed in Item 3 of Schedule 1. The aggregate Commitment (or Loans, if the applicable Commitment has been terminated) purchased by the Assignee hereunder is set forth in Item 4 of Schedule 1.

(3) EFFECTIVE DATE. The effective date of this Assignment Agreement (the “Effective Date”) shall be the later of the date specified in Item 5 of Schedule 1 or two Business Days (or such shorter period agreed to by the Administrative Agent) after this Assignment Agreement, together with any consents required under the Credit Agreement, are delivered to the Administrative Agent. In no event will the Effective Date occur if the payments required to be made by the Assignee to the Assignor on the Effective Date are not made on the proposed Effective Date.

(4) PAYMENT OBLIGATIONS. In consideration for the sale and assignment of Loans hereunder, the Assignee shall pay the Assignor, on the Effective Date, the amount agreed to by the Assignor and the Assignee. On and after the Effective Date, the Assignee shall be entitled to receive from the Administrative Agent all payments of principal, interest and fees with respect to the interest assigned hereby. The Assignee will promptly remit to the Assignor any interest on Loans and fees received from the Administrative Agent which relate to the portion of the Commitment or Loans assigned to the Assignee hereunder for periods prior to the Effective Date and not previously paid by the Assignee to the Assignor. In the event that either party hereto receives any payment to which the other party hereto is entitled under this Assignment Agreement, then the party receiving such amount shall promptly remit it to the other party hereto.

(5) RECORDATION FEE. The Assignor and Assignee each agree to pay one-half of the recordation fee required to be paid to the Administrative Agent in connection with this Assignment Agreement unless otherwise specified in Item 6 of Schedule 1.

(6) REPRESENTATIONS OF THE ASSIGNOR; LIMITATIONS ON THE ASSIGNOR’S LIABILITY. The Assignor represents and warrants that (i) it is the legal and beneficial owner of the interest being assigned by it hereunder, (ii) such interest is free and clear of any adverse claim created by the Assignor and (iii) the execution and delivery of this Assignment Agreement by the Assignor is duly authorized. It is understood and agreed that the assignment and assumption hereunder are made without recourse to the Assignor and that the Assignor makes no other representation or warranty of any kind to the Assignee. Neither the Assignor nor any of its officers, directors, employees, agents or attorneys shall be responsible for (i) the due execution, legality, validity, enforceability, genuineness, sufficiency or collectability of any Loan Document, including without limitation, documents granting the Assignor and the other Lenders a security interest in assets of the Borrowers or any guarantor, (ii) any representation, warranty or statement made in or in connection with any of the Loan Documents, (iii) the financial condition or creditworthiness of the Borrowers or any guarantor, (iv) the performance of or compliance with any of the terms or provisions of any of the Loan Documents, (v) inspecting any of the property, books or records of the Borrowers, (vi) the validity, enforceability, perfection, priority, condition, value or sufficiency of any collateral securing or purporting to secure the Loans or (vii) any mistake, error of judgment, or action taken or omitted to be taken in connection with the Loans or the Loan Documents. Such assignment is without recourse to the Assignor.

(7) REPRESENTATIONS AND UNDERTAKINGS OF THE ASSIGNEE. The Assignee (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements requested by the Assignee and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment Agreement, (ii) agrees that it will, independently and without reliance upon the Administrative Agent, the Assignor or any other Lender and based on such documents and information at it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, (iii) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto, (iv) confirms that the execution and delivery of this Assignment Agreement by the Assignee is duly authorized, (v) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender, (vi) agrees that its payment instructions and notice instructions are as set forth in the attachment to Schedule 1, (vii) confirms that none of the funds, monies, assets or other consideration being used to make the purchase and

assumption hereunder are “plan assets” as defined under ERISA and that its rights, benefits and interests in and under the Loan Documents will not be “plan assets” under ERISA, (viii) agrees to indemnify and hold the Assignor harmless against all losses, costs and expenses (including, without limitation, reasonable attorneys’ fees) and liabilities incurred by the Assignor in connection with or arising in any manner from the Assignee’s non-performance of the obligations assumed under this Assignment Agreement, (ix) if applicable, attaches the forms prescribed by the Internal Revenue Service of the United States certifying that the Assignee is entitled to receive payments under the Loan Documents without deduction or withholding of any United States federal income taxes, (x) confirms, to the extent required under the Dutch Banking Act and the Dutch Exemption Regulation, it is a PMP, (xi) confirms it is aware that it does not benefit from the protection offered by the Dutch Banking Act to Lenders which are not PMPs, and (xii) it has made its own independent appraisal of risks arising under or in connection with any Loan Documents

(8) GOVERNING LAW. THIS ASSIGNMENT AGREEMENT SHALL BE GOVERNED BY THE INTERNAL LAW (INCLUDING, WITHOUT LIMITATION 735 ILCS 105/5-1 ET SEQ., BUT OTHERWISE WITHOUT REGARD TO LAW OF CONFLICTS) OF THE STATE OF ILLINOIS.

(9) NOTICES. Notices shall be given under this Assignment Agreement in the manner set forth in the Credit Agreement. For the purpose hereof, the addresses of the parties hereto (until notice of a change is delivered) shall be the address set forth in the attachment to Schedule 1.

(10) COUNTERPARTS; DELIVERY BY FACSIMILE. This Assignment Agreement may be executed in counterparts. Transmission by facsimile of an executed counterpart of this Assignment Agreement shall be deemed to constitute due and sufficient delivery of such counterpart and such facsimile shall be deemed to be an original counterpart of this Assignment Agreement.

IN WITNESS WHEREOF, the duly authorized officers of the parties hereto have executed this Assignment Agreement by executing Schedule 1 hereto as of the date first above written.

SCHEDULE 1
To Assignment Agreement

1. Description and Date of Credit Agreement. That certain Third Amended and Restated Credit Agreement, dated as of July 23, 2010, by and among Chicago Bridge & Iron Company N.V., the Subsidiary Borrowers from time to time parties thereto, the lenders from time to time parties thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as contractual representative on behalf of itself and the other Lender (the “Administrative Agent”).

Date of Assignment Agreement. , 200_

Amounts (As of Date of Item 2 above): $


		[Facility Name*]

	Assignee’s percentage of each Facility purchased under the Assignment Agreement**	%

	Amount of each Facility purchased under the Assignment Agreement***	$

4.	Assignee’s Commitment (or Loans with respect to terminated Commitment) purchased hereunder:	$

5.	Proposed Effective Date:

6.	Non-standard Recordation Fee Arrangement:	N/A*** [Assignor/Assignee to pay 100% of fee]


Accepted and Agreed:

[NAME OF ASSIGNOR]		[NAME OF ASSIGNEE]

By:		By:
Title:		Title:

ACCEPTED AND CONSENTED TO****		ACCEPTED AND CONSENTED TO
BY		BY

[NAME OF BORROWER]		JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT

By:		By:
Title:		Title:


*		Insert specific facility names per Credit Agreement

**		Percentage taken to 10 decimal places

***		If fee is split 50-50, pick N/A as option

****		So long as no Default shall have occurred and is continuing

ATTACHMENT TO
SCHEDULE 1 to ASSIGNMENT AGREEMENT

ADMINISTRATIVE INFORMATION SHEET

Attach Assignor’s Administrative Information Sheet, which must
include notice addresses for the Assignor and the Assignee
(Sample form shown below)

ASSIGNOR INFORMATION

Contact:


Name:		Telephone No.:
Fax No.:		Telex No.:
		Answerback:

Payment Information:

Name & ABA # of Destination Bank:

Account Name & Number for Wire Transfer:

Other Instructions:

Address for Notices for Assignor:

ASSIGNEE INFORMATION

Credit Contact:


Name:		Telephone No.:
Fax No.:		Telex No.:
		Answerback:

Key Operations Contacts:


Booking Installation:		Booking Installation:
Name:		Name:
Telephone No.:		Telephone No.:
Fax No.:		Fax No.:
Telex No.:		Telex No.:
Answerback:		Answerback:

Payment Information:

Name & ABA # of Destination Bank:

Account Name & Number for Wire Transfer:

Other Instructions:

Address for Notices for Assignee:

JPMORGAN INFORMATION

Assignee will be called promptly upon receipt of the signed agreement.


Initial Funding Contact:		Subsequent Operations Contact:
Name:		Name:
Telephone No.:		Telephone No.:
Fax No.:		Fax No.:
		JPMorgan Telex No.:

Initial Funding Standards:

Libor — Fund 2 days after rates are set.

JPMorgan Wire Instructions:

[JPMORGAN TO CONFIRM]

APPENDIX I
to
Assignment and Acceptance Agreement

FORM OF NOTICE OF ASSIGNMENT

[Date]


To:		CHICAGO BRIDGE & IRON COMPANY N.V. [Address] Attention: JPMorgan Chase Bank, N.A. as Administrative Agent [Address] Attention:


From:		[NAME OF ASSIGNOR] (the “Assignor”)


		[NAME OF ASSIGNEE] (the “Assignee”)

1. We refer to the Third Amended and Restated Credit Agreement (as it may be amended, modified, renewed or extended from time to time, the “Credit Agreement”) described in Item 1 of Schedule 1 attached to the Assignment Agreement referenced below (“Schedule 1”). Capitalized terms used herein and not otherwise defined herein shall have the meanings attributed to them in the Credit Agreement.

2. This Notice of Assignment (this “Notice”) is given and delivered to the Administrative Agent pursuant to Section 14.3(B) of the Credit Agreement.

3. The Assignor and the Assignee have entered into an Assignment and Acceptance Agreement, dated as of _____, 20____ (the “Assignment Agreement”), pursuant to which, among other things, the Assignor has sold, assigned, delegated and transferred to the Assignee, and the Assignee has purchased, accepted and assumed from the Assignor the percentage interest specified in Item 3 of Schedule 1 of all outstandings, rights and obligations under the Credit Agreement relating to the facilities listed in Item 3 of Schedule 1. The Effective Date of the Assignment Agreement shall be as specified in the Assignment Agreement.

4. The Assignor and the Assignee hereby give to the Company and the Administrative Agent notice of the assignment and delegation referred to herein.

5. The Assignee advises the Administrative Agent that its notice and payment instructions are set forth in the attachment to Schedule 1.

6. The Assignee hereby represents and warrants that none of the funds, monies, assets or other consideration being used to make the purchase pursuant to the Assignment Agreement are “plan assets” as defined under ERISA and that its rights, benefits, and interests in and under the Loan Documents will not be “plan assets” under ERISA.

7. The Assignee authorizes the Administrative Agent to act as its contractual representative under the Loan Documents in accordance with the terms thereof.⁵

NAME OF ASSIGNOR

NAME OF ASSIGNEE

By:

Name:

Title:

Acknowledged and consented to by:

JPMORGAN CHASE BANK, N.A., as Administrative Agent

Acknowledged and consented to by:

CHICAGO BRIDGE & IRON COMPANY N.V.,
By: CHICAGO BRIDGE & IRON COMPANY B.V.

By:

Name:

Title:


⁵		This paragraph may be eliminated if the Assignee is a party to the Credit Agreement prior to the Effective Date.

EXHIBIT E-1

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Company’s US Counsel’s Opinion(s)

Attached

July 23, 2010

Each of the Lenders party
to the Credit Agreement
referred to below and
JPMorgan Chase Bank, N.A.,
as Administrative Agent

Re: Chicago Bridge & Iron Company N.V.

Ladies and Gentlemen:

I have acted as United States counsel to Chicago Bridge & Iron Company N.V., a company incorporated in The Netherlands (the “Company”), each of the “Foreign Subsidiaries” (as defined below) and each of the “Domestic Subsidiaries” (as defined below) in connection with the execution and delivery of that certain Third Amended and Restated Credit Agreement (the “Credit Agreement”), dated as of the date hereof, among the Company, the Subsidiaries (as defined below), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (the “Administrative Agent”).

This opinion is furnished to you pursuant to Section 5.1(v) of the Credit Agreement. Capitalized terms used herein without definition shall have the meanings specified in the Credit Agreement.

In connection with the opinions expressed herein, I have examined the following documents:

(i)

the Credit Agreement;

(ii)

the Reaffirmation to be executed and delivered by the Company and the Subsidiary Guarantors pursuant to Section 5.1(vi) of the Credit Agreement; and

(iii)

each promissory note, dated as of the date hereof (if any), to be executed and delivered pursuant to Section 2.12(D) of the Credit Agreement.

The documents referred to in clauses (i), (ii) and (iii) above are collectively referred to herein as the “Loan Documents.” The foreign Subsidiary Borrowers and the domestic Subsidiary Borrowers executing and delivering the Credit Agreement on the date hereof are listed on Annex A attached hereto and are sometimes referred to herein respectively as the “Foreign Subsidiaries” and as the “Domestic Subsidiaries” and collectively as the “Subsidiaries.”

July 23, 2010
Page 8

In rendering this opinion to you, I have assumed, without inquiry:

(a) (i) the genuineness of all signatures other than those on behalf of the Company and the Subsidiaries on original copies of the Loan Documents; (ii) the conformity to the original documents of all documents submitted to me as copies and the authenticity of all documents submitted to me as originals; (iii) the due authorization, execution and delivery of the Loan Documents by each of the parties thereto other than the Company (solely with respect to execution and delivery), the Foreign Subsidiaries (solely with respect to execution and delivery) and the Domestic Subsidiaries and (iv) the validity and enforceability of the Loan Documents against each of the parties thereto other than the Company and the Subsidiaries;

(b) that the execution, delivery and performance of the Loan Documents by each party thereto do not conflict with or constitute a violation of any law or governmental rule or regulation of (i) the State of Delaware other than the General Corporation Law of the State of Delaware (the “DGCL”) or (ii) any jurisdiction other than the United States of America and the State of Illinois;

(c) that the execution, delivery and performance of the Loan Documents by each party thereto other than, with respect to clauses (ii) and (iii) below, as applicable to the Company and the Foreign Subsidiaries, and with respect to clauses (i), (ii) and (iii) below, as applicable to each of the Domestic Subsidiaries, do not breach, conflict with or constitute a violation of or default under (i) the certificate or articles of association or incorporation, by-laws or any other charter or governing document of such party; (ii) any agreement, instrument or document to which any such party was, or is, a party or by which any such party or any of its properties was, or is, bound or (iii) any order, judgment or decree to which any such party was, or is, bound or subject or by which any of its properties was, or is, bound; and

(d) that any consideration contemplated to be given on the date hereof by any party in any of the Loan Documents was given on the date hereof.

Based upon the foregoing assumptions and subject to the limitations, qualifications and exceptions hereinafter set forth, I am of the opinion that:

1. Each Domestic Subsidiary on the date hereof (a) is a corporation duly organized and validly existing under the laws of the jurisdiction of its organization, (b) has all requisite corporate power and authority to own its property and assets and to carry on its business as now conducted and as proposed to be conducted, (c) is duly qualified as a foreign corporation to transact business and is in good standing in its jurisdiction of incorporation and each jurisdiction where such qualification is required, except where the failure to be so qualified or be in good standing could not reasonably be expected to result in a Material Adverse Effect, and (d) has the corporate power and authority to execute, deliver and perform its obligations under each Loan Document to which it is a party.

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2. The execution, delivery and performance of each Loan Document by the Company on the date hereof, and the consummation of the transactions contemplated thereby will not (a) violate (i) any applicable federal or Illinois State law, statute, rule or regulation, the DGCL or any order of any federal or Illinois State Governmental Authority with jurisdiction over the Company or its properties or the Chancery Court, appellate courts or Secretary of State of the State of Delaware or (ii) any provision of any indenture or other material agreement or instrument known to me to which the Company is a party or by which it or any of its property may be bound, (b) result in a default under any such indenture, agreement or other instrument or (c) result in the creation or imposition of any Lien (other than Liens permitted under Section 7.3(C) of the Credit Agreement) upon or with respect to any property or assets now owned or hereafter acquired by the Company except, in the case of clauses (a) through (c) above, for any of the foregoing that could not reasonably be expected to result in a Material Adverse Effect or materially and adversely affect the rights or interests of the Lenders under the Loan Documents.

3. The execution, delivery and performance of each Loan Document by each Domestic Subsidiary on the date hereof, and the consummation of the transactions contemplated thereby (a) have been duly authorized by all requisite corporate action of such Domestic Subsidiary and (b) will not (i) violate (A) any provision of the certificate of incorporation or by-laws of such Domestic Subsidiary, (B) any applicable federal or Illinois State law, statute, rule or regulation, the DGCL or any order of any federal or Illinois State Governmental Authority with jurisdiction over any such Domestic Subsidiary or its properties or the Chancery Court, appellate courts or Secretary of State of the State of Delaware or (C) any provision of any indenture or other material agreement or instrument known to me to which any such Domestic Subsidiary is a party or by which it or any of its property may be bound, (ii) result in a default under any such indenture, agreement or other instrument or (iii) result in the creation or imposition of any Lien (other than Liens permitted under Section 7.3(C) of the Credit Agreement) upon or with respect to any property or assets now owned or hereafter acquired by any such Domestic Subsidiary except, in the case of clauses (b)(i) through (b)(iii) above, for any of the foregoing that could not reasonably be expected to result in a Material Adverse Effect or materially and adversely affect the rights or interests of the Lenders under the Loan Documents.

4. The execution, delivery and performance of each Loan Document by each Foreign Subsidiary on the date hereof, and the consummation of the transactions contemplated thereby will not (a) violate (i) any applicable federal or Illinois State law, statute, rule or regulation, the DGCL or any order of any federal or Illinois State Governmental Authority with jurisdiction over any such Foreign Subsidiary or its properties or the Chancery Court, appellate courts or Secretary of State of the State of Delaware or (ii) any provision of any indenture or other material agreement or instrument known to me to which any such Foreign Subsidiary is a party or by which it or any of its property may be bound, (b) result in a default under any such indenture, agreement or other instrument or (c) result in the creation or imposition of any Lien (other than Liens permitted under Section 7.3(C) of the Credit Agreement) upon or with respect to any property or assets now owned or hereafter acquired by any such Foreign Subsidiary except, in the case of clauses (a) through (c) above, for any of the foregoing that could not reasonably be expected to result in a Material Adverse Effect or materially and adversely affect the rights or interests of the Lenders under the Loan Documents.

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5. The Company, each Domestic Subsidiary and each Foreign Subsidiary have duly executed and delivered each Loan Document to which such Person is a party. Each such Loan Document constitutes the legal, valid and binding obligation of each such Domestic Subsidiary, enforceable against such Domestic Subsidiary in accordance with its terms subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

6. No consent or approval of, registration or filing with, or any other action by any federal or Illinois State Governmental Authority with jurisdiction over the Company or the Subsidiaries or the Chancery Court, or appellate courts or Secretary of State of the State of Delaware is or will be required in connection with the execution, delivery or performance by the Company and the Subsidiaries of each Loan Document to which such Person is a party or the consummation of the transactions thereby, other than any such authorizations and approvals as have already been obtained and are in full force and effect according to federal or Illinois law or the DGCL.

7. To the best of my knowledge, there are no pending or threatened actions, suits or proceedings at law or in equity or by or before any federal, Illinois or Delaware Governmental Authority against or affecting the Company, any Domestic Subsidiary, any Foreign Subsidiary or any business, property or rights of any such Person that involve any Loan Documents or the transactions contemplated thereby.

8. None of the Company or any of the Subsidiaries is an investment company or a company controlled by an investment company within the meaning of the Investment Company Act of 1940.

My opinions set forth above are subject to the following qualifications:

A. The enforceability of the Loan Documents is subject to (i) applicable bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or other laws affecting creditor’s rights generally and (ii) general principles of equity (regardless of whether considered in a proceeding in equity or at law).

B. I express no opinion as to the Lenders’ right to collect any payment to the extent that such payment constitutes a penalty, forfeiture or late charge.

C. I express no opinion as to the applicability of Section 548 of the Federal Bankruptcy Code or of any provisions of any state fraudulent conveyance statute or law to the transactions contemplated by the Loan Documents.

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The foregoing opinions are limited to matters involving the federal laws of the United States, the laws of the State of Illinois and the DGCL, and I do not express any opinion as to the laws of any other jurisdiction.

This opinion is rendered solely to, and is intended solely for the benefit of, the Administrative Agent and the Lenders, in connection with the transactions contemplated by the Loan Documents. This opinion may not be relied upon by the Administrative Agent or any of the Lenders or any of their respective successors and assigns for any other purpose, or by any other person, firm or corporation for any purpose, in each case without my prior written consent.

Very truly yours,

David A. Delman
General Counsel

ANNEX A

Domestic Subsidiary Borrowers

Chicago Bridge & Iron Company (Delaware)
Chicago Bridge & Iron Company
CB&I Inc.
CBI Services, Inc.
CB&I Tyler Company

Foreign Subsidiary Borrowers

Chicago Bridge & Iron Company B.V.

EXHIBIT E-2

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Company’s Foreign Counsel’s Opinion(s)

Attached

To: the Lenders from time to time party to the Credit Agreement referred to below

Attention: JPMorgan Chase Bank, National Association, as Administrative Agent

Dear Sirs:

We have acted as special Netherlands legal counsel to each of Chicago Bridge & Iron Company N.V. (the “Company”) and Chicago Bridge & Iron Company B.V. (“CB&I B.V.”; together with the Company, the “Companies”), each with its registered office in Amsterdam, with respect to certain matters of Netherlands law relating to the Third Amended and Restated Credit Agreement, dated the date hereof (the “Credit Agreement”) among the Company; CB&I B.V. and certain other subsidiaries of the Company as Subsidiary Borrowers; certain financial institutions named therein as Lenders; JPMorgan Chase Bank, National Association, as Administrative Agent; Bank of America, National Association, as Syndication Agent; [ ] as Documentation Agents; and J.P. Morgan Securities Inc. and Bank of America Securities LLC as Joint Lead Arrangers and Joint Book Runners.

In arriving at the opinions expressed below, we have examined and relied on the following documents:

an executed copy of the Credit Agreement furnished to us by yourselves;

an excerpt, dated July 14, 2010, of the registration of the Company in the Trade Register of the Chamber of Commerce of Amsterdam (the “Trade Register”), confirmed to us to be unchanged in all respects material for rendering this opinion by telephone communication from the Trade Register on the date hereof (the “Company Excerpt”);

a copy of the deed of incorporation (akte van oprichting) of the Company, dated November 22, 1996 (the “Company Deed of Incorporation”);

a copy of the articles of association (statuten) of the Company, represented by the management of the Company to be a true and correct copy of the articles of association of the Company as in force on the date hereof (the “Company Articles”);

an excerpt, dated July 14, 2010, of the registration of CB&I B.V. in the Trade Register, confirmed to us to be unchanged in all respects material for rendering this opinion by telephone communication from the Trade Register on the date hereof (the “CB&I B.V. Excerpt”; together with the Company Excerpt, the “Excerpts”);

a copy of the deed of incorporation (akte van oprichting) of CB& I B.V., dated March 17, 1997 (the “CB&I B.V. Deed of Incorporation”);

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a copy of the articles of association (statuten) of CB&I B.V., represented by the management of the Company to be a true and correct copy of the articles of association of CB&I B.V. as in force on the date hereof (the “CB&I B.V. Articles”);

a written resolution of the Board of Directors (directie) of the Company, reflecting the approval of the execution, delivery and performance by the Company of the Credit Agreement (the “Company Management Board Resolutions”);

a written resolution of the Supervisory Board (raad van commissarissen) of the Company, reflecting the approval of the execution, delivery and performance by the Company of the Credit Agreement (the “Supervisory Board Resolutions”);

written resolutions of the Board of Directors (directie) of CB&I B.V., reflecting the approval of the execution, delivery and performance by CB&I B.V. of the Credit Agreement (the “CB&I B.V. Management Board Resolutions”; together with the Company Management Board Resolutions the “Management Board Resolutions”);

a copy of a directors certificate of the Company, dated July 21, 2010, signed by CB&I B.V., the sole director of the Company (the “Company Management Certificate”);

a copy of a directors certificate of CB& I B.V., dated July 21, 2010, signed by a director of CB&I B.V. (the “CB& I B.V. Management Certificate”; together with the Company Management Certificate, the “Management Certificates”); and

a resolution of the sole shareholder of CB&I B.V., approving the execution, delivery and performance of the Credit Agreement by CB&I B.V. (the “Shareholders Resolution”).

Capitalized terms used but not defined in this opinion are used herein as they are defined or used in the Credit Agreement.

In examining and describing the documents listed at a. through m. above and in giving the opinions stated below, we have, with your permission, assumed the following:

(i)

the genuineness of all signatures on all documents;

(ii)

the authenticity and completeness of all documents submitted to us as originals and the conformity to authentic originals of all conformed, copied, faxed or specimen documents;

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(iii)

that all information supplied to us orally by public officials and all certificates of public officials submitted to us are true and correct in all respects;

(iv)

the reliability of all search results obtained by electronic data transmission and the accuracy of the results of any printed or computer search of offices of public record;

(v)

that the information set forth in each of the Excerpts is true and correct as of the date hereof. Although not constituting conclusive evidence thereof, this assumption is supported by telephonic inquiries made to the Trade Register today;

(vi)

that the Company Articles are the articles of association (statuten) of the Company as in force on the date hereof. Although not constituting conclusive evidence thereof, this assumption is supported by the fact that the date of the last amendment to the articles of association of the Company as shown on the Company Excerpt corresponds with the date shown in the Company Articles as the last date of amendment of the articles of association of the Company;

(vii)

that the CB&I B.V. Articles are the articles of association (statuten) of CB&I B.V. as in force on the date hereof. Although not constituting conclusive evidence thereof, this assumption is supported by the fact that the date of the last amendment to the articles of association of CB&I B.V. as shown on the CB&I B.V. Excerpt corresponds with the date shown in the CB&I B.V. Articles as the last date of amendment of the articles of association of CB&I B.V.;

(viii)

that none of the Management Board Resolutions, the Supervisory Board Resolutions or the Shareholders Resolutions have been or will be revoked, amended, declared null and void (nietig verklaard) or rescinded (vernietigd);

(ix)

that the Company Deed of Incorporation is a notarial deed (authentieke akte), that the contents thereof are correct and complete and that there are no defects in the incorporation of the Company, not appearing on the face of the Company Deed of Incorporation, on the basis of which a court might dissolve the Company;

(x)

that the CB& I B.V. Deed of Incorporation is a notarial deed (authentieke akte), that the contents thereof are correct and complete and that there are no defects in the incorporation of CB& I B.V., not appearing on the face of the CB&I B.V. Deed of Incorporation, on the basis of which a court might dissolve CB&I B.V.;

(xi)

that neither of the Companies has passed a resolution to voluntarily dissolve (ontbinden), merge (fuseren) or de-merge (splitsen) and no petition has been presented to or order made by a court for the bankruptcy (faillissement) or moratorium of payment (surséance van betaling) of either of the Companies and no receiver, trustee, administrator (bewindvoerder) or similar officer has been appointed in respect of either of the Companies or their respective assets and that no decision has been taken to dissolve (ontbinden) either of the Companies by (i) the competent Chamber of Commerce under Article 19a Book 2 of the Dutch Civil Code or (ii) the competent District Court (rechtbank) under Article 21 Book 2 of the Dutch Civil Code. Although not constituting conclusive evidence thereof, this assumption is supported by information obtained by telephone today from (i) the Bankrupty Clerk’s Office (faillissementsgriffie) of the District Court (rechtbank) of Amsterdam (being the competent bankruptcy court in respect of each of the Companies in view of their corporate seats being at Amsterdam) and (ii) the Trade Register;

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(xii)

that each party to the Credit Agreement (other than the Companies) has been duly incorporated and organized and is validly existing and in good standing (where such concept is legally relevant) under the laws of its jurisdiction of incorporation and of the jurisdiction of its principal place of business;

(xiii)

(i) that the Credit Agreement has been duly authorized and validly executed and delivered by all parties thereto (other than the Companies) and (ii) that under any applicable law (other than insofar as the Companies are concerned the laws of The Netherlands) the Credit Agreement constitutes the valid and binding obligation of each of the parties thereto, enforceable against each of such parties in accordance with its terms;

(xiv)

that neither the Credit Agreement nor any of the transactions contemplated thereby or connected therewith (whether individually or seen as a whole) are or will result in a breach of the laws of any relevant jurisdiction other than that of The Netherlands (including for the avoidance of doubt the tax laws of any such jurisdiction) or are intended to avoid the applicability or the consequences of such laws in a manner that is not permitted thereunder;

(xv)

that all the factual statements contained in the Management Certificates are true and correct as of the date hereof;

(xvi)

that all necessary licenses, authorizations, permissions, consents and exemptions by or from any public or semipublic authority or agency of any country other than The Netherlands (“Governmental Authorizations”), and all payments of stamp duties or other taxes under the laws of any country other than The Netherlands, which may be required in connection with the execution, delivery and performance by the parties thereto of the Credit Agreement and any transaction contemplated therein, have been obtained or made and in the case of Governmental Authorizations are in full force and effect;

(xvii)

that under the laws of the State of Illinois to which the Credit Agreement is expressed to be subject, and under all other relevant laws (other than those of The Netherlands):

(a)

the choice of the laws of the State of Illinois as the governing law of the Credit Agreement is a valid and binding choice of law; and

(b)

the submission by the Companies to the exclusive jurisdiction of the state or federal courts located in Chicago, Illinois, in or pursuant to the Credit Agreement is valid and binding upon each of the Companies;

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(xviii)

that there are no dealings between the parties thereto that affect the Credit Agreement; and

(xix)

that at the time of execution of the Shareholders Resolution (a) Lealand Finance B.V. was the sole shareholder of CB&I B.V., (b) none of the shares in the capital of CB&I B.V. were subject to any pledge or usufruct pursuant to which voting rights were transferred to the pledgee or usufructuary and (c) no depositary receipts (certificaten) had been issued with respect to the shares of CB&I B.V. with the cooperation of CB&I B.V.

We have undertaken no independent factual investigation in connection with the opinions expressed herein or the transactions contemplated by the Credit Agreement other than to review the documents listed at a. through m. above. Specifically, we have relied as to factual matters on our review of the documents listed at a. through m. above and on the factual assumptions made herein. Our examination referred to above has been limited to the face of the documents and we have not examined the meaning and effect of any document governed by a law other than Dutch law.

Except as specifically mentioned herein, we have not conducted or caused to be conducted any searches, investigations or reviews relating to any judgment, rule, regulation, order, encumbrance, lien or third-party interest to which either of the Companies is subject or by which their respective properties and assets are bound or any litigation or governmental proceedings commenced, pending or threatened against or affecting either of the Companies or their respective properties, interests, rights, assets or undertakings.

We have not been concerned with investigating or verifying the completeness or accuracy of the facts, representations and warranties set out in the Credit Agreement (except to the extent specifically set forth herein) and to the extent that the accuracy of such facts and warranties or of any facts stated in any other document on which we have relied in giving this opinion is relevant to the contents of this opinion, we have (except to the extent specifically set forth herein) assumed that such facts are correct.

We do not express an opinion on matters of fact; matters of international law, including, without limitation, the laws of the European Union except to the extent the laws of the European Union have direct force and effect in The Netherlands; anti-trust law; or any matter of taxation. No opinion is given on commercial, accounting or non-legal matters or on the ability of the parties to meet their financial obligations under the Credit Agreement.

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Based on the foregoing, and subject to any facts, circumstances or documents not disclosed to us, and subject to the further limitations, qualifications, assumptions, exclusions and exceptions set forth herein, we are of the opinion that:

The Company has been duly incorporated and is validly existing as a limited liability company (naamloze vennootschap) under the laws of The Netherlands. CB&I B.V. has been duly incorporated and is validly existing as a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) under the laws of The Netherlands.

Each of the Companies has the corporate power and corporate authority to execute and deliver the Credit Agreement and to perform its contractual obligations thereunder. The execution, delivery and performance by each of the Companies of the Credit Agreement have been duly authorized by all requisite corporate action on the part of such Company. The Credit Agreement has been duly executed and delivered by each of the Companies.

Neither (i) the execution and delivery by each of the Companies of the Credit Agreement nor (ii) the performance by each of the Companies of its contractual obligations under the Credit Agreement, requires any consent, approval or authorisation of any national governmental or regulatory authority of The Netherlands.

Under the laws of The Netherlands, there is no requirement that the Credit Agreement or any other document be filed or registered, or that any similar formalities be complied with, in any public office in The Netherlands in order to ensure the validity, binding effect or enforceability of the Credit Agreement against each of the Companies in legal proceedings in The Netherlands or the admissibility into evidence of the Credit Agreement in such proceedings.

Neither (i) the execution and delivery by each of the Companies of the Credit Agreement nor (ii) the performance by each of the Companies of its contractual obligations under the Credit Agreement, violates or conflicts with the provisions of any published law, rule or regulation of general application of The Netherlands. Neither (i) the execution and delivery by the Company of the Credit Agreement nor (ii) the performance by the Company of its contractual obligations under the Credit Agreement, violates or conflicts with any of the provisions of the Company Articles. Neither (i) the execution and delivery by CB& I B.V. of the Credit Agreement nor (ii) the performance by CB& I B.V. of its contractual obligations under the Credit Agreement, violates or conflicts with any of the provisions of the CB& I B.V. Articles.

The choice of the laws of the State of Illinois as the law governing the Credit Agreement is valid and binding upon each of the Companies under the laws of The Netherlands, and accordingly the Credit Agreement constitutes, in a proceeding before the courts of The Netherlands duly applying the laws of the State of Illinois, the valid and legally binding obligation of each of the Companies, enforceable against each of the Companies in accordance with its terms, subject to such exceptions to the legal, valid and binding obligation thereof and to the enforceability thereof as exist under the laws of the State of Illinois.

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The submission by the Companies to the exclusive jurisdiction of the state or federal courts located in Chicago, Illinois, pursuant to Section 11.13(A) of the Credit Agreement, is valid and binding upon each of the Companies under the laws of The Netherlands, insofar as the laws of The Netherlands are applicable, except that such submission to jurisdiction will not be given effect with respect to claims for relief in summary proceedings (kort geding) before the provisional remedies judge (voorzieningenrechter) of a competent court in The Netherlands.

In the absence of an applicable treaty between The Netherlands and the United States of America, a judgment rendered by a court in the State of Illinois will not be directly enforceable in The Netherlands. In order to obtain a judgment which is enforceable in The Netherlands, the claim must be reheard on its merits before a competent court in The Netherlands. However (i) a final judgment (which is a judgment not subject to being contested by appeal or other means) for the payment of money (other than a judgment for the payment of a fine or penalty or for the payment of punitive damages, as to which we express no opinion) rendered against a Company, in respect of a breach by that Company of its payment obligations under the Credit Agreement by a state or federal court located in Chicago, Illinois, acting pursuant to the acceptance by the relevant Company of the exclusive jurisdiction of such court pursuant to Section 11.13(A) of the Credit Agreement, will under current practice be recognised by a Dutch court if (1) such judgment results from proceedings compatible with Dutch concepts of due process, (2) such judgment and its enforcement do not violate the public policy of The Netherlands, (3) the court that rendered such judgment (x) had jurisdiction under the relevant laws applicable in the State of Illinois and (y) did not assume jurisdiction on grounds incompatible with internationally recognised principles in respect of jurisdictional matters and (4) such judgment does not conflict with any other final judgment rendered between the same parties and (ii) the court in The Netherlands that so recognises a judgment granted against a Company as described in clause (i) of this sentence will under current practice generally grant the same monetary relief (other than a judgment for the payment of a fine or penalty or for the payment of punitive damages, as to which we express no opinion) set forth in such judgment without the necessity for relitigation on the merits.

The opinions expressed herein are subject to the following exceptions, limitations, qualifications and assumptions:

(i)

The use of the terms “enforceable”, “enforceability”, “valid”, “binding” and “effective” where used in paragraphs A. through H. above means that the obligations assumed by the relevant party under the relevant agreement are of a type which Dutch law generally recognizes or enforces; it does not mean that these obligations will necessarily be enforced in all circumstances in accordance with their terms. In particular, enforcement before the courts of The Netherlands will in any event be subject to the matters set forth in paragraphs (ii) through (xviii) below.

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(ii)

The opinions expressed herein may be affected or limited by and are subject in all respects to the provisions of applicable law concerning bankruptcy (faillissement), insolvency, fraudulent conveyance (actio Pauliana), preferential transfers (e.g. Article 47 Faillissementswet), moratorium (surséance van betaling), setoff, abatement (matiging), counterclaim, statute of limitations (verjaring) and compulsory dissolution (ontbinding), and other laws now or hereafter in effect, relating to or affecting the rights and remedies of creditors generally.

(iii)

The rights and obligations of the parties to the Credit Agreement are, to the extent that the laws of The Netherlands are applicable and also possibly in the event that enforcement by a court in The Netherlands of the Credit Agreement, or of a judgment rendered against either of the Companies based on the Credit Agreement, is sought, subject to the principles of reasonableness and fairness (beginselen van redelijkheid en billijkheid), which under Dutch law govern the relationship between the parties to a contract and which in certain circumstances may limit or preclude the reliance on, or enforcement of, contractual terms and provisions.

(iv)

The enforcement in The Netherlands of the Credit Agreement would be subject to the rules of civil procedure as applied by the Dutch courts.

(v)

Specific performance (reële executie) and other remedies analogous to common law equitable remedies such as injunctive relief may not always be available under Dutch law.

(vi)

A provision which stipulates that certain documents constitute conclusive evidence may not be enforceable in all circumstances.

(vii)

Under Article 109, Book 6, of the Dutch Civil Code the court has the power under certain circumstances to reduce the amount of damages that would otherwise be payable by a party to an agreement for failure to comply with the provisions of such agreement.

(viii)

If a specific provision in the Credit Agreement permits concurrent proceedings to be brought in different jurisdictions at the same time relating to the same subject matter such provision may not be enforceable in The Netherlands.

(ix)

Article 242 of the Dutch Code of Civil Procedure may limit the enforcement in proceedings before a Dutch court of contractual provisions providing for indemnification for attorney’s fees and collection costs (buitengerechtelijke kosten).

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(x)

Under Dutch law each power of attorney (volmacht) or mandate (lastgeving) (including all appointments of process agents or other agents or attorneys-in-fact), whether or not by its terms stated to be irrevocable, granted by either of the Companies, expressly or by implication, in the Credit Agreement will terminate without notice by force of law upon bankruptcy of such Company or, as the case may be, of the person to whom the power of attorney (volmacht) or mandate (lastgeving) is granted.

(xi)

Powers of attorney granted by either of the Companies can only be exercised with the cooperation of the court-appointed administrator (bewindvoerder) in the event such Company is granted a suspension of payments (surséance van betaling).

(xii)

The validity of the Credit Agreement may be affected by the provisions of Sections 3:45-3:48 of the Dutch Civil Code (to which Sections 42 through 45 of the Dutch Bankruptcy Act correspond in case of bankruptcy). These provisions grant to creditors, including future creditors, and the receiver in bankruptcy (curator), the right to challenge the validity of certain transactions if (i) such transactions are entered into by a debtor without a legal obligation to do so, (ii) the rights of one or more present or future creditors of the debtor are thereby prejudiced and (iii) at the time such transaction was entered into the debtor knew or reasonably should have known that the rights of one or more other present or future creditors of the debtor would be prejudiced by such transaction.

(xiii)

The opinions expressed in paragraph F. above are subject to the following exceptions and qualifications: (1) The choice of the laws of the State of Illinois as the law governing the Credit Agreement will not be recognized as valid and binding under the laws of The Netherlands, insofar as the laws of The Netherlands are applicable, to the extent that (a) any provision of the Credit Agreement or (b) any provision of the laws of the State of Illinois applicable to the Credit Agreement, is manifestly incompatible with the public policy of The Netherlands. (2) Regardless of the law which the parties to a contract have chosen as the governing law with respect thereto, a court of The Netherlands may give effect to mandatory rules of the laws of another jurisdiction with which the situation has a close connection, if and insofar as under the laws of that other jurisdiction those rules must be applied regardless of the law which would otherwise be applicable. (3) Regardless of the law which the parties to a contract have chosen as the governing law with respect thereto, the courts of The Netherlands will apply the laws of The Netherlands in a situation where under Dutch law application of such laws is mandatory. (4) The courts of The Netherlands will take into account the law of the country in which performance of an obligation occurs or is to occur in relation to (a) the manner of performance of such obligation and (b) the measures required to be taken by the obligee in the event of failure to perform such obligation.

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(xiv)

The service of process against either of the Companies other than by personal delivery by a bailiff of the Dutch courts (gerechtsdeurwaarder) may not be considered by a Dutch court to constitute valid service of process, notwithstanding any provision to the contrary in the Credit Agreement.

(xv)

Any provision of the Credit Agreement stating that the rights and obligations thereunder shall bind or enure to the benefit of any assignee of any party thereto may not be enforceable in The Netherlands in the absence of further agreements to that effect with such assignee.

(xvi)

Any provisions of the Credit Agreement providing for indemnification by a Company of any other party, or for waiver by a Company of any claim against another party, will not be enforceable under the laws of The Netherlands to the extent that as a result of enforcement of such provision a party to the Credit Agreement other than a Company would not be liable for, or would be entitled to indemnification for, such other party’s own intentional misconduct (opzet) or gross negligence (grove schuld).

(xvii)

Dutch law does not recognize the concept of ownership of property by a trustee for the benefit of third persons. Accordingly, any trusts purported to be created pursuant to any provision of the Credit Agreement would not be recognized under the laws of The Netherlands and would not be enforced in legal proceedings before a court in The Netherlands.

(xviii)

Under the laws of The Netherlands an agreement by a company may be void on the grounds of ultra vires if it is not in the interest of the company to enter into such agreement, even if the agreement clearly falls within the scope of the literal wording of the objects clause of the company’s articles of association. While the case law on this issue is limited, a guarantee of, assumption of liability for, or granting of other security for, obligations of companies other than direct or indirect majority-owned subsidiaries of the company issuing a guarantee or granting other security may be particularly vulnerable to challenge on this grounds. In the present case we assume that CB&I B.V. may derive benefits from the transactions contemplated by the Credit Agreement, taken as a whole. Whether such benefit is sufficient to make entering into the Credit Agreement by CB&I B.V. in its “corporate interest” is a highly fact-specific question on which we express no opinion. We note that in any event the objects clause included in the CB&I B.V. Articles does specifically include the granting of security and issuance of guarantees for the benefit of group companies and third parties in general, including companies other than direct or indirect majority-owned subsidiaries of CB&I B.V.

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We express no opinion concerning

[a]

the validity, enforceability or effectiveness in proceedings in the courts of The Netherlands of any security interest purported to be created by the Credit Agreement;

[b]

the provisions of Section 10.3 (e), (h) and (k) of the Credit Agreement, of the last sentence of Section 10.3 of the Credit Agreement and of Section 10.4 of the Credit Agreement insofar as pursuant to those provisions the Company purports to waive any defenses available to it pursuant to mandatory provisions of Dutch law;

[c]

the enforceability in proceedings before the Dutch courts of the second sentence of Section 11.13(B) of the Credit Agreement; or

[d]

the provisions of the second sentence of Section 11.15 of the Credit Agreement, to the extent such provision relates to liens and security interests created by Dutch law.

This opinion speaks as of the date hereof, and we make no undertaking to supplement such opinions if facts and circumstances (including, without limitation, amendments to the Credit Agreement) come to our attention, or changes in the law occur, which could affect such opinion.

This opinion:

expresses and describes Dutch legal concepts in English and not in their original Dutch terms; these concepts may not be identical to the concepts described by the English translations; this opinion may therefore be relied upon only on the express conditions (x) that such opinion and any issues of interpretation or liability arising thereunder shall be governed by, and that all words and expressions used herein shall be construed and interpreted in accordance with, the laws of The Netherlands and (y) that any issues of interpretation or liability arising hereunder shall also be governed by Dutch law and shall be brought exclusively before a Dutch court;

is strictly limited to the matters set forth herein and no opinion may be inferred or implied beyond that expressly stated herein; and

is furnished as of its date pursuant to Section 5.1(v) of the Credit Agreement and may be relied upon solely by the addressees hereof and may not be relied upon by or furnished, circulated or quoted to, or used or referred to or filed with, any other person, or by any person in any other context, without our express written consent. A copy may, however, be provided to (i) your legal advisers solely for the purpose of the Credit Agreement and of giving their opinions in connection therewith and subject to the restrictions set forth in this paragraph 3, (ii) bank examiners and regulators in connection with their review of your activities and (iii) prospective participants and assignees under the Credit Agreement subject to the restrictions set forth in this paragraph 3.

July 23, 2010
Page 25

We express no opinion on any laws other than the law of The Netherlands as it stands and has been interpreted in printed case law of the courts of The Netherlands as of the date of this opinion. In particular, without limiting the generality of the foregoing we express no opinion concerning whether or under what circumstances or with what result a court sitting outside The Netherlands would or might apply Dutch law.

This opinion is given on behalf of Baker & McKenzie Amsterdam N.V. and not on behalf of or by any other office or associated firm of the Swiss Verein Baker & McKenzie International. In this opinion the expressions “we”, “us”, “our” and like expressions should be construed accordingly.

Yours sincerely,

Baker & McKenzie Amsterdam N.V.

July 23, 2010
Page 26

EXHIBIT E-3

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

List of Closing Documents

$1,100,000,000

CREDIT FACILITY

CHICAGO BRIDGE & IRON COMPANY N.V.

July 23, 2010

LIST OF CLOSING DOCUMENTS⁶

LOAN AND SECURITY DOCUMENTS

Third Amended and Restated Credit Agreement (the “Credit Agreement”) by and among Chicago Bridge & Iron Company N.V., a corporation organized under the laws of The Kingdom of the Netherlands (the “Company”), and one or more subsidiaries of the company (whether now existing or hereafter formed, the “Subsidiary Borrowers”; together with the Company, the “Borrowers”), the institutions from time to time parties thereto as lenders (the “Lenders”), and JPMorgan Chase Bank, National Association, in its capacity as contractual representative capacity (the “Administrative Agent”), evidencing a $1,100,000,000 revolving credit facility to the Borrowers from the Lenders.

EXHIBITS


EXHIBIT A-1	—	Commitments
EXHIBIT A-2	—	Issuing Banks
EXHIBIT A-3	—	Mandatory Costs
EXHIBIT B	—	Form of Borrowing/Election Notice
EXHIBIT C	—	Form of Request for Letter of Credit
EXHIBIT D	—	Form of Assignment and Acceptance Agreement
EXHIBIT E-1	—	Form of Company’s US Counsel’s Opinion
EXHIBIT E-2	—	Form of Company’s Foreign Counsel’s Opinion
EXHIBIT E-3	—	List of Closing Documents
EXHIBIT E-4	—	Form of Counsel’s Opinion for Subsidiary Borrowers
EXHIBIT F	—	Form of Officer’s Certificate


⁶		Capitalized terms used herein and not defined herein shall have the meanings assigned to such terms in the Credit Agreement, as applicable.

July 23, 2010
Page 28


EXHIBIT G	—	Form of Compliance Certificate
EXHIBIT H	—	Form of Subsidiary Guaranty
EXHIBIT I	—	Form of Revolving Loan Note
EXHIBIT J	—	Form of Assumption Letter
EXHIBIT K	—	Form of Designation Agreement
EXHIBIT L	—	Form of Commitment and Acceptance

SCHEDULES


SCHEDULE 1.1.1		Permitted Existing Indebtedness
SCHEDULE 1.1.2		Permitted Existing Investments
SCHEDULE 1.1.3		Permitted Existing Liens
SCHEDULE 1.1.4		Permitted Existing Contingent Obligations
SCHEDULE 1.1.5		Material Subsidiaries and Foreign Subsidiaries that are not Excluded Foreign Subsidiaries
SCHEDULE 3.2		Transitional Letters of Credit
SCHEDULE 6.4		Pro Forma Financial Statements
SCHEDULE 6.7		FTC Litigation
SCHEDULE 6.8		Subsidiaries
SCHEDULE 6.9		Pensions and Post-Retirement Plans
SCHEDULE 6.17		Environmental Matters
SCHEDULE 7.3(N)		Subsidiary Covenants
SCHEDULE 7.3(S)		Permitted Restricted Payments

•

Annex I Joinder to the Subsidiary Guaranty, executed by certain new Subsidiary Guarantors.

•

Reaffirmation (the “Reaffirmation”) executed by each of the Subsidiary Guarantors, in favor of the Administrative Agent.

•

Revolving Loan Notes executed by each Borrower in favor of any Lender which has requested a note pursuant to Section 2.12 of the Credit Agreement in the aggregate principal amount of each such Lender’s Commitment under the Credit Agreement.

• CORPORATE DOCUMENTS

•

Certificates of the Secretary or Assistant Secretary of each of the Borrowers certifying: (i) the resolutions of the Board of Directors (or other similar governing body) of such Borrower authorizing, inter alia, the execution, delivery and performance of each document to which it is a party; and the names and true signatures of the incumbent officers of such Borrower authorized to sign the documents to which it is a party and authorized to request Advances or Letters of Credit under the Credit Agreement, and (ii) with respect to any Borrower that is organized under the laws of any State in the United States of America, a copy of the By-laws for such Borrower.

July 23, 2010
Page 29

•

Articles of Incorporation of each Borrower certified as of recent date by the appropriate governmental officer in the jurisdiction of incorporation for each such Borrower.

•

Good Standing Certificate for each Borrower certified as of recent date by the appropriate governmental officer in the jurisdiction of incorporation for each such Borrower.

• OPINIONS

•

Opinion of General Counsel of the Borrowers and the Subsidiary Guarantors with respect to the Credit Agreement and the Reaffirmation.

•

Opinion of Dutch Counsel of the Company with respect to the Credit Agreement.

• CLOSING CERTIFICATES AND MISCELLANEOUS

•

Officer’s Certificate of the Company certifying that on the closing date and initial Borrowing Date (a) all the representations in the Credit Agreement are true and correct (unless such representation and warranty is made as of a specific date, in which case, such representation and warranty shall be true and correct as of such date), (b) no Default or Unmatured Default has occurred and is continuing and (c) there exists no injunction or temporary restraining order which would prohibit the making of the Loans, the issuance of the Letters of Credit or the consummation of the other transactions contemplated by the Loan Documents or any litigation seeking such an injunction or restraining order.

EXHIBIT E-4

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Counsel’s Opinion for Subsidiary Borrowers

See Exhibit E-1

July 23, 2010
Page 31

EXHIBIT F

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Officer’s Certificate

I, the undersigned, hereby certify that I am the of CHICAGO BRIDGE & IRON COMPANY B.V., which is the Managing Director of Chicago Bridge & Iron Company, N.V., a corporation duly organized and existing under the laws of the Kingdom of the Netherlands (the “Company”). Capitalized terms used herein and not otherwise defined herein are as defined in that that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among the Company, the Subsidiary Borrowers from time to time parties thereto, the financial institutions from time to time parties thereto as lenders (the “Lenders”) and JPMorgan Chase Bank, N.A., as contractual representative for itself and the other Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).

I further certify on behalf of the Company, that as of the date hereof, to the best of my knowledge, after diligent inquiry of all relevant persons at the Company and its respective Subsidiaries, no Default or Unmatured Default exists [other than the following (describe the nature of the Default or Unmatured Default and the status thereof)].

IN WITNESS WHEREOF, I hereby subscribe my name on behalf of the Company on this _____ day of , _____.


		CHICAGO BRIDGE & IRON COMPANY N.V. By: Chicago Bridge & Iron Company B.V., its Managing Director

		By:

				Title:

EXHIBIT G

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Compliance Certificate

Pursuant to Section 7.1(A)(iii) of that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among Chicago Bridge & Iron Company N.V. (the “Company”), the Subsidiary Borrowers from time to time parties thereto (together with the Company, collectively, the “Borrowers”), the financial institutions from time to time parties thereto as lenders (the “Lenders”), and JPMorgan Chase Bank, N.A., as contractual representative for itself and the other Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), the Company, through the undersigned of Chicago Bridge & Iron Company B.V., hereby delivers to the Administrative Agent [, together with the financial statements being delivered to the Administrative Agent pursuant to Section 7.1(A) of the Credit Agreement,] this Compliance Certificate (the “Certificate”) [for the accounting period from , 20___ to , 20___] (the “Accounting Period”). Capitalized terms used herein shall have the meanings set forth in the Credit Agreement. Subsection references herein relate to subsections of the Credit Agreement.

THE UNDERSIGNED HEREBY CERTIFIES THAT:

1. I am the duly elected of Chicago Bridge & Iron Company B.V., which is the Managing Director of the Company;

2. I have reviewed the terms of the Credit Agreement and I have made, or have caused to be made under my supervision, a detailed review of the transactions and conditions of the Borrowers and their respective Subsidiaries during the Accounting Period covered by the attached financial statements;

3. The examinations described in paragraph 2 did not disclose, and I have no knowledge of, the existence of any condition or event which constitutes a Default or Unmatured Default during or at the end of the Accounting Period covered by the attached financial statements or as of the date of this Certificate [except as set forth below]; and

4. Schedule I attached hereto sets forth financial data and computations evidencing the Borrowers’ compliance with certain covenants of the Credit Agreement, all of which data and computations are true, complete and correct.

The foregoing certifications, together with the computations set forth in Schedule I hereto and the financial statements delivered with this Certificate in support hereof, are made and delivered this _____ day of , 20___.

The Company hereby certifies on behalf of itself and the other Borrowers that the information set forth herein and on the attached Schedule I hereto is accurate as of , _____, to the best of the undersigned officer’s knowledge, after diligent inquiry, and that the financial statements delivered herewith present fairly the financial position of the Borrowers and their respective Subsidiaries at the dates indicated and the results of their operations and changes in their financial position for the periods indicated in conformity with Agreement Accounting Principles, consistently applied.

Dated , __


		CHICAGO BRIDGE & IRON COMPANY N.V. By: Chicago Bridge & Iron Company B.V., its Managing Director

		By:

				Name:
				Title:

SCHEDULE I

COMPLIANCE CERTIFICATE

FINANCIAL COVENANTS

MAXIMUM LEVERAGE RATIO (Section 7.4(A))

)

Adjusted Indebtedness

$___________

)

EBITDA

(a)

Net Income

$___________

(b)

Interest Expense

$___________

(c)

Taxes

$___________

(d)

Non-recurring non-cash charges
(excluding any such charge to the extent it becomes a cash charge)

$___________

(e)

Extraordinary losses incurred other than in the ordinary course of business

$___________

(f)

Non-recurring non-cash credits

$___________

(g)

Extraordinary gains realized other than in the ordinary course of business

$___________

(h)

Joint venture cash distributions
(i.e. cash distributions actually received by the Company or any Subsidiary from any Person (other than a Subsidiary) in which the Company or any Subsidiary has an ownership interest)

$___________

(i)

Equity Income
(i.e. the net earnings of any Person (other than a Subsidiary) in which the Company or any Subsidiary has an ownership interest)

$___________

(j)

EBIT

$___________

(k)

Depreciation

$___________

(l)

Amortization

$___________

(m)

Non-cash compensation expenses
under stock option plans

$___________

(n)

EBITDA

$___________

)

“Leverage Ratio” (Ratio of item (1) to (2)(n))

______ to 1.00

)

Maximum Leverage Ratio

2.50 to 1.00

PRICING RATIO (Section 7.4(A))

)

Adjusted Indebtedness

$___________

)

EBITDA (see A.(2)(n) above)

____________

)

“Pricing Ratio” (Ratio of item (1) to (2))

______ to 1.00

MINIMUM FIXED CHARGE COVERAGE RATIO (Section 7.4(B))

)

Consolidated Net Income Available for Fixed Charges

(a)

Net Income

$___________

(b)

Extraordinary gains

$___________

(c)

Extraordinary losses

$___________

(d)

Other excluded earnings

$___________

(e)

Consolidated Net Income

$___________

(f)

Provisions for Income Taxes

$___________

(g)

Consolidated Fixed Charges (item 2(c))

$___________

(h)

Consolidated Net Income Available for Fixed Charges
(item 1(e) plus 1(f) plus 1(g))

$___________

)

Consolidated Fixed Charges

(a)

Consolidated Long-Term Lease Rentals

$___________

(b)

consolidated interest expense

$___________

(c)

Consolidated Fixed Charges

$___________

)

Fixed Charge Coverage Ratio (Ratio of (1)(h) to (2)(c)

_____ to 1.00


		(4	)	Minimum Fixed Charge Coverage Ratio	1.75 to 1.00

D.	MINIMUM CONSOLIDATED NET WORTH (Section 7.4(C)).

		(1	)	State whether Consolidated Net Worth (as defined) was less than [____________], plus fifty percent (50%) of the sum of Consolidated Net Income (if positive) calculated separately for each fiscal quarter commencing with the fiscal quarter ending on September 30, 2010, plus 75% of the amount by which stockholders’ equity of the Company is, in accordance with Agreement Accounting Principles, adjusted from time to time as a result of the issuance of any Equity Interests after June 30, 2010	Yes/No

II.	OTHER MISCELLANEOUS PROVISIONS

A.	SUBSIDIARY INDEBTEDNESS (Section 7.3(A))

		(1	)	Aggregate principal amount of unsecured Indebtedness from Lealand Finance Company B.V. to any Subsidiary of the Company (other than a Subsidiary Guarantor) [Maximum: $50,000,000]	$____________

		(2	)	Aggregate principal amount of other Indebtedness incurred by the Subsidiaries not otherwise permitted under Section 7.3(A) [Maximum: $20,000,000][Please attached a detailed schedule setting forth all such Subsidiary Indebtedness]	$____________

B.	ASSET SALES (Section 7.3(B))

		(1	)	Aggregate book value of assets acquired from Pitt-Des Moines Inc. and identified in a ruling by the Federal Trade Commission requiring the divestiture of such assets [Maximum: $15,000,000]

		(2	)	State whether any asset sales (other than (i) sales of inventory in the ordinary course of business, (ii) dispositions of obsolete equipment in the ordinary course, (iii) transfers of assets between the Company and its wholly-owned Subsidiaries or between wholly-owned Subsidiaries of the Company not otherwise prohibited by the Credit Agreement and (iv) Permitted Sale and Leaseback Transactions pursuant to Section 7.3(B)(iv)), have occurred.	Yes/No

		(3	)	If yes, attach as a schedule hereto the details of such asset sales and calculation of compliance with Section 7.3(B)(vi).

INVESTMENTS (Section 7.3(D))

)

Aggregate amount of Investments in joint ventures (other than Subsidiaries) and nonconsolidated Subsidiaries
[Maximum: $200,000,000]

$____________

)

Aggregate amount of Investments not otherwise permitted under Sections 7.3(D)(i) through (ix)
[Maximum: $20,000,000]

$____________

RESTRICTED PAYMENTS (Section 7.3(S))

)

Aggregate amount of Restricted Payments made or paid by the Company or any Subsidiary during the twelve month period then ended
[Maximum: $100,000,000]

$____________

MATERIAL SUBSIDIARY CALCULATIONS (Sections 7.2(K) and 7.3(Q))

Material Subsidiaries

)

Set forth below is a list of all Material Subsidiaries of the Company and each other Subsidiary of the Company that guarantees Indebtedness of the Company. Also set forth below is an indication of whether such Subsidiaries are parties to the Subsidiary Guaranty.


		Signatory to
		Subsidiary Guaranty
Name of Material Subsidiaries and Jurisdiction of Formation		(Yes/No)
		Yes
		Yes

EXHIBIT H

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Subsidiary Guaranty

Attached

SUBSIDIARY GUARANTY

THIS SUBSIDIARY GUARANTY (this “Guaranty”) is made as of the 22nd day of August, 2003, by CHICAGO BRIDGE & IRON COMPANY, a Delaware corporation, CHICAGO BRIDGE & IRON COMPANY (DELAWARE), a Delaware corporation, CB&I TYLER COMPANY, a Delaware corporation, CB&I CONSTRUCTORS, INC., a Texas corporation, CBI SERVICES, INC., a Delaware corporation, HORTON CBI, LIMITED, a corporation organized under the laws of Canada, CBI VENEZOLANA, S.A., a corporation organized under the laws of the Republic of Venezuela, CBI EASTERN ANSTALT, a corporation organized under the laws of the Principality of Liechtenstein, CBI CONSTRUCTORS PTY, LTD., a corporation organized under the laws of the Commonwealth of Australia, LEALAND FINANCE COMPANY B.V., a corporation organized under the laws of the Kingdom of the Netherlands, CB&I (EUROPE) B.V., a corporation organized under the laws of the Kingdom of the Netherlands, ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, ASIA PACIFIC SUPPLY CO., a corporation organized under the laws of Delaware, CBI COMPANY LTD., a corporation organized under the laws of Delaware, CBI CONSTRUCCIONES S.A., a corporation organized under the laws of Argentina, CBI CONSTRUCTORS LIMITED, a corporation organized under the laws of the United Kingdom, CBI HOLDINGS (U.K.) LIMITED, a corporation organized under the laws of England and Wales, CBI OVERSEAS, LLC, a limited liability company organized under the laws of Delaware, CENTRAL TRADING COMPANY, LTD., a corporation organized under the laws of Delaware, CHICAGO BRIDGE & IRON (ANTILLES) N.V., a corporation organized under the laws of Curacao, CHICAGO BRIDGE & IRON COMPANY B.V., a corporation organized under the laws of the Netherlands, CMP HOLDINGS B.V., a corporation organized under the laws of the Netherlands, PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, HOWE-BAKER INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER ENGINEERS, LTD., a limited partnership organized under the laws of Texas, HOWE-BAKER HOLDINGS, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER MANAGEMENT, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER, L.P., a limited partnership organized under the laws of Texas, MATRIX ENGINEERING, LTD., a limited partnership organized under the laws of Texas, HBI HOLDINGS, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C., a limited liability company organized under the laws of Delaware, A&B BUILDERS, LTD., a limited partnership organized under the laws of Texas, MATRIX MANAGEMENT SERVICES, L.L.C., a limited liability company organized under the laws of Delaware, CALLIDUS TECHNOLOGIES INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, CALLIDUS TECHNOLOGIES, L.L.C., a limited liability company organized under the laws of Oklahoma, CONSTRUCTORS INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, CB&I (NIGERIA) LIMITED, a corporation organized under the laws of Nigeria, CHICAGO BRIDGE & IRON (ESPANA) S.A., a corporation organized under the laws of Spain, CBI (PHILLIPINES) INC., a corporation organized under the laws of the Phillipines, CB&I JOHN BROWN LIMITED, a company organized under the laws of England, MORSE CONSTRUCTION GROUP, INC., a corporation organized under the laws of Washington, TPA HOWE-BAKER, LTD., a partnership organized under the laws of Texas, and CB&I HUNGARY HOLDING LIMITED LIABILITY COMPANY, a limited liability company organized under the laws of Hungary (collectively, the “Initial Guarantors” and along with any additional Subsidiaries which become parties to this Guaranty by executing a Supplement hereto in the form attached as Annex I, the “Guarantors”), in favor of the Administrative Agent under (and as defined in) the Credit Agreements referred to below;

WITNESSETH:

WHEREAS, CHICAGO BRIDGE & IRON COMPANY N.V., a corporation organized under the laws of the Kingdom of the Netherlands (the “Company”) and the Subsidiary Borrowers (together with the Company, the “Borrowers”), the institutions from time to time parties thereto as lenders (the “Lenders”), BANK ONE, NA, a national banking association having its principal office in Chicago, Illinois, in its capacity as contractual representative for the Lenders (the “Administrative Agent”), have entered into (i) a certain Three-Year Credit Agreement dated as of August 22, 2003 (as the same may be amended, modified, supplemented and/or restated, and as in effect from time to time, the “3-Year Credit Agreement”), and (ii) a certain Five-Year Credit Agreement dated as of August 22, 2003 (as the same may be amended, modified, supplemented and/or restated, as in effect from time to time, the “5-Year Credit Agreement”, and, together with the 3-Year Credit Agreement, the “Credit Agreements”), providing, subject to the terms and conditions thereof, for extensions of credit and other financial accommodations to be made by the Lenders to the Borrowers;

WHEREAS, it is a condition precedent to the initial extensions of credit by the Lenders under each of the Credit Agreements that each of the Guarantors execute and deliver this Guaranty, whereby each of the Guarantors shall guarantee the payment when due of all “Obligations” (as defined in the Credit Agreements), including, without limitation, all principal, interest and other amounts that shall be at any time payable by the Borrowers under the Credit Agreements or the other Loan Documents, and all Hedging Obligations to which any Lender shall be a counterparty (each a “Designated Hedging Agreement”); and

WHEREAS, in consideration of the direct and indirect financial and other support that one or more of the Borrowers has provided, and such direct and indirect financial and other support as the Borrowers may in the future provide, to the Guarantors, and in order to induce the Lenders and the Administrative Agent to enter into the Credit Agreements, each of the Guarantors is willing to guarantee the Obligations of the Borrowers under the Credit Agreements and the other Loan Documents and all Hedging Obligations under any Designated Hedging Agreements;

NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

III. Definitions. Terms defined in the Credit Agreements and not otherwise defined herein have, as used herein, the respective meanings provided for therein. For purposes of this Guaranty, “3-Year Lenders” means all of the Lenders under the 3-Year Credit Agreement, and “5-Year Lenders” means all of the Lenders under the 5-Year Credit Agreement. “Lenders” means, collectively, all of the 3-Year Lenders and all of the 5-Year Lenders.

IV. Representations, Warranties and Covenants. Each of the Guarantors represents and warrants (which representations and warranties shall be deemed to have been renewed at the time of the making, conversion or continuation of any Loan or issuance of any Letter of Credit) that:

(1)

It is a corporation, partnership or limited liability company duly and properly incorporated or formed, validly existing and in good standing under the laws of its jurisdiction of incorporation or formation, and has all requisite authority to conduct its business as a foreign Person in each jurisdiction in which its business is conducted, except where the failure to have such requisite authority would not have a Material Adverse Effect.

(2)

It has the power and authority and legal right to execute and deliver this Guaranty and to perform its obligations hereunder. The execution and delivery by it of this Guaranty and the performance by each of its obligations hereunder have been duly authorized by proper proceedings, and this Guaranty constitutes a legal, valid and binding obligation of each Guarantor, enforceable against such Guarantor, in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally.

(3)

Neither the execution and delivery by it of this Guaranty, nor the consummation by it of the transactions herein contemplated, nor compliance by it with the terms and provisions hereof, will (i) violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on it or its certificate or articles of incorporation or by-laws, limited liability company or partnership agreement (as applicable) or the provisions of any indenture, instrument or material agreement to which it is a party or is subject, or by which it, or its property, is bound, (ii) or conflict with or constitute a default thereunder, except such interference or default which individually or in the aggregate could not reasonably be expected to have a Material Adverse Effect, or (iii) result in the creation or imposition of any Lien in, of or on its property pursuant to the terms of any such indenture, instrument or material agreement. No order, consent, approval, license, authorization, or validation of, or filing, recording or registration with, or exemption by, any Governmental Authority, is required to authorize, or is required in connection with the execution, delivery and performance by it of, or the legality, validity, binding effect or enforceability against it of, this Guaranty.

In addition to the foregoing, each of the Guarantors covenants that, so long as any Lender has any Commitment outstanding under either of the Credit Agreements or any amount payable under the Credit Agreements or any other Obligations or Hedging Obligations under Designated Hedging Agreements shall remain unpaid, it will, and, if necessary, will enable the Borrowers to, fully comply with those covenants and agreements of the Borrowers applicable to such Guarantor set forth in each of the Credit Agreements.

V. The Guaranty. Each of the Guarantors hereby unconditionally guarantees, jointly with the other Guarantors and severally, the full and punctual payment when due (whether at stated maturity, upon acceleration or otherwise) of (a) the Obligations and (b) all Hedging Obligations under the Designated Hedging Agreements, including, without limitation, (i) the principal of and interest on each Advance made to any of the Borrowers pursuant to the Credit Agreements, (ii) any Reimbursement Obligations of the Borrowers, (iii) all Hedging Obligations owing to any Lender or any affiliate of any Lender under any Designated Hedging Agreement and (iv) all other amounts payable by the Borrowers or any of their Subsidiaries under the Credit Agreements, any Designated Hedging Agreement and the other Loan Documents (all of the foregoing being referred to collectively as the “Guaranteed Obligations”). Upon failure by any Borrower or any of their Affiliates, as applicable, to pay punctually any such amount, each of the Guarantors agrees that it shall forthwith on demand pay such amount at the place and in the manner specified in the Credit Agreements, any Designated Hedging Agreement or the relevant Loan Document, as the case may be. Each of the Guarantors hereby agrees that this Guaranty is an absolute, irrevocable and unconditional guaranty of payment and is not a guaranty of collection.

VI. Guaranty Unconditional. The obligations of each of the Guarantors hereunder shall be unconditional and absolute and, without limiting the generality of the foregoing, shall not be released, discharged or otherwise affected by:

(1)

any extension, renewal, settlement, indulgence, compromise, waiver or release of or with respect to the Guaranteed Obligations or any part thereof or any agreement relating thereto, or with respect to any obligation of any other guarantor of any of the Guaranteed Obligations, whether (in any such case) by operation of law or otherwise, or any failure or omission to enforce any right, power or remedy with respect to the Guaranteed Obligations or any part thereof or any agreement relating thereto, or with respect to any obligation of any other guarantor of any of the Guaranteed Obligations;

(2)

any modification or amendment of or supplement to either of the Credit Agreements, any Designated Hedging Agreement or any other Loan Document, including, without limitation, any such amendment which may increase the amount of, or the interest rates applicable to, any of the Obligations guaranteed hereby;

(3)

any release, surrender, compromise, settlement, waiver, subordination or modification, with or without consideration, of any other guaranties with respect to the Guaranteed Obligations or any part thereof, or any other obligation of any person or entity with respect to the Guaranteed Obligations or any part thereof, or any nonperfection or invalidity of any direct or indirect security for the Guaranteed Obligations;

(4)

any change in the corporate, partnership or other existence, structure or ownership of any Borrower or any other guarantor of any of the Guaranteed Obligations, or any insolvency, bankruptcy, reorganization or other similar proceeding affecting any Borrower or any other guarantor of the Guaranteed Obligations, or any of their respective assets or any resulting release or discharge of any obligation of any Borrower or any other guarantor of any of the Guaranteed Obligations;

(5)

the existence of any claim, setoff or other rights which the Guarantors may have at any time against any Borrower, any other guarantor of any of the Guaranteed Obligations, the Administrative Agent, any holder of Obligations or any other Person, whether in connection herewith or in connection with any unrelated transactions, provided that nothing herein shall prevent the assertion of any such claim by separate suit or compulsory counterclaim;

(6)

the enforceability or validity of the Guaranteed Obligations or any part thereof or the genuineness, enforceability or validity of any agreement relating thereto or any other invalidity or unenforceability relating to or against any Borrower or any other guarantor of any of the Guaranteed Obligations, for any reason related to the Credit Agreements, any Designated Hedging Agreement, any other Loan Document, or any provision of applicable law or regulation purporting to prohibit the payment by any Borrower or any other guarantor of the Guaranteed Obligations, of any of the Guaranteed Obligations;

(7)

the failure of the Administrative Agent to take any steps to perfect and maintain any security interest in, or to preserve any rights to, any security or collateral for the Guaranteed Obligations, if any;

(8)

the election by, or on behalf of, any one or more of the holders of Obligations, in any proceeding instituted under Chapter 11 of Title 11 of the United States Code (11 U.S.C. 101 et seq.) (the “Bankruptcy Code”), of the application of Section 1111(b)(2) of the Bankruptcy Code;

(9)

any borrowing or grant of a security interest by any Borrower, as debtor-in-possession, under Section 364 of the Bankruptcy Code;

(10)

the disallowance, under Section 502 of the Bankruptcy Code, of all or any portion of the claims of the holders of Obligations the Administrative Agent for repayment of all or any part of the Guaranteed Obligations;

(11)

the failure of any other Guarantor to sign or become party to this Guaranty or any amendment, change, or reaffirmation hereof; or

(12)

any other act or omission to act or delay of any kind by any Borrower, any other guarantor of the Guaranteed Obligations, the Administrative Agent, any holder of Obligations or any other Person or any other circumstance whatsoever which might, but for the provisions of this Section 4, constitute a legal or equitable discharge of any Guarantor’s obligations hereunder.

VII. Discharge Only Upon Payment In Full: Reinstatement In Certain Circumstances. Each of the Guarantors’ obligations hereunder shall remain in full force and effect until all Guaranteed Obligations shall have been paid in full in cash and the Commitments and all Letters of Credit issued under the Credit Agreements shall have terminated or expired. If at any time any payment of the principal of or interest on any Advance or Reimbursement Obligation or any other amount payable by the Borrower or any other party under the Credit Agreements, any Designated Hedging Agreement or any other Loan Document is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of any Borrower or otherwise, each of the Guarantors’ obligations hereunder with respect to such payment shall be reinstated as though such payment had been due but not made at such time.

VIII. General Waivers. Each of the Guarantors irrevocably waives acceptance hereof, presentment, demand or action on delinquency, protest, the benefit of any statutes of limitations and, to the fullest extent permitted by law, any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against any Borrower, any other guarantor of the Guaranteed Obligations, or any other Person.

IX. Subordination of Subrogation; Subordination of Intercompany Indebtedness.

(1)

Subordination of Subrogation. Until the Guaranteed Obligations have been indefeasibly paid in full in cash, the Guarantors (i) shall have no right of subrogation with respect to such Guaranteed Obligations and (ii) waive any right to enforce any remedy which the Issuing Banks, holders of the Guaranteed Obligations or the Administrative Agent now have or may hereafter have against any Borrower, any endorser or any guarantor of all or any part of the Obligations or any other Person, and the Guarantors waive any benefit of, and any right to participate in, any security or collateral given to the holders of Guaranteed Obligations and the Administrative Agent to secure the payment or performance of all or any part of the Guaranteed Obligations or any other liability of the Borrowers to the holders of the Guaranteed Obligations. Should any Guarantor have the right, notwithstanding the foregoing, to exercise its subrogation rights, each Guarantor hereby expressly and irrevocably (A) subordinates any and all rights at law or in equity to subrogation, reimbursement, exoneration, contribution, indemnification or set off that the Guarantor may have to the indefeasible payment in full in cash of the Guaranteed Obligations and (B) waives any and all defenses available to a surety, guarantor or accommodation co-obligor until the Guaranteed Obligations are indefeasibly paid in full in cash. Each Guarantor acknowledges and agrees that this subordination is intended to benefit the Administrative Agent and the holders of the Guaranteed Obligations and shall not limit or otherwise affect such Guarantor’s liability hereunder or the enforceability of this Guaranty, and that the Administrative Agent, the holders of the Guaranteed Obligations and their respective successors and assigns are intended third party beneficiaries of the waivers and agreements set forth in this Section 7(a).

(2)

Subordination of Intercompany Indebtedness. Each Guarantor agrees that any and all claims of such Guarantor against either any Borrower or any other Guarantor hereunder (each an “Obligor”) with respect to any “Intercompany Indebtedness” (as hereinafter defined), any endorser, obligor or any other guarantor of all or any part of the Guaranteed Obligations, or against any of its properties shall be subordinate and subject in right of payment to the prior payment, in full and in cash, of all Guaranteed Obligations. Notwithstanding any right of any Guarantor to ask, demand, sue for, take or receive any payment from any Obligor, all rights, liens and security interests of such Guarantor, whether now or hereafter arising and howsoever existing, in any assets of any other Obligor shall be and are subordinated to the rights of the holders of the Guaranteed Obligations and the Administrative Agent in those assets. No Guarantor shall have any right to possession of any such asset or to foreclose upon any such asset, whether by judicial action or otherwise, unless and until all of the Guaranteed Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied (in cash) and all financing arrangements pursuant to any Loan Document or any Designated Hedging Agreement have been terminated. If all or any part of the assets of any Obligor, or the proceeds thereof, are subject to any distribution, division or application to the creditors of such Obligor, whether partial or complete, voluntary or involuntary, and whether by reason of liquidation, bankruptcy, arrangement, receivership, assignment for the benefit of creditors or any other action or proceeding, or if the business of any such Obligor is dissolved or if substantially all of the assets of any such Obligor are sold, then, and in any such event (such events being herein referred to as an “Insolvency Event”), any payment or distribution of any kind or character, either in cash, securities or other property, which shall be payable or deliverable upon or with respect to any indebtedness of any Obligor to any Guarantor (“Intercompany Indebtedness”) shall be paid or delivered directly to the Administrative Agent for application on any of the Guaranteed Obligations, due or to become due, until such Guaranteed Obligations (other than contingent indemnity obligations) shall have first been fully paid and satisfied (in cash). Should any payment, distribution, security or instrument or proceeds thereof be received by the applicable Guarantor upon or with respect to the Intercompany Indebtedness after any Insolvency Event and prior to the satisfaction of all of the Guaranteed Obligations (other than contingent indemnity obligations) and the termination of all financing arrangements pursuant to any Loan Document and/or Designated Hedging Agreements, such Guarantor shall receive and hold the same in trust, as trustee, for the benefit of the holders of the Guaranteed Obligations and shall forthwith deliver the same to the Administrative Agent, for the benefit of such Persons, in precisely the form received (except for the endorsement or assignment of the Guarantor where necessary), for application to any of the Guaranteed Obligations, due or not due, and, until so delivered, the same shall be held in trust by the Guarantor as the property of the holders of the Guaranteed Obligations. If any such Guarantor fails to make any such endorsement or assignment to the Administrative Agent, the Administrative Agent or any of its officers or employees is irrevocably authorized to make the same. Each Guarantor agrees that until the Guaranteed Obligations (other than the contingent indemnity obligations) have been paid in full (in cash) and satisfied and all financing arrangements pursuant to any Loan Document or any Designated Hedging Agreement have been terminated, no Guarantor will assign or transfer to any Person (other than the Administrative Agent) any claim any such Guarantor has or may have against any Obligor.

X. Contribution with Respect to Guaranteed Obligations.

(1)

To the extent that any Guarantor shall make a payment under this Guaranty (a “Guarantor Payment”) which, taking into account all other Guarantor Payments then previously or concurrently made by any other Guarantor, exceeds the amount which otherwise would have been paid by or attributable to such Guarantor if each Guarantor had paid the aggregate Guaranteed Obligations satisfied by such Guarantor Payment in the same proportion as such Guarantor’s “Allocable Amount” (as defined below) (as determined immediately prior to such Guarantor Payment) bore to the aggregate Allocable Amounts of each of the Guarantors as determined immediately prior to the making of such Guarantor Payment, then, following indefeasible payment in full in cash of the Guaranteed Obligations and termination of the Credit Agreements and the Designated Hedging Agreements, such Guarantor shall be entitled to receive contribution and indemnification payments from, and be reimbursed by, each other Guarantor for the amount of such excess, pro rata based upon their respective Allocable Amounts in effect immediately prior to such Guarantor Payment.

(2)

As of any date of determination, the “Allocable Amount” of any Guarantor shall be equal to the maximum amount of the claim which could then be recovered from such Guarantor under this Guaranty without rendering such claim voidable or avoidable under Section 548 of Chapter 11 of the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent Conveyance Act or similar statute or common law.

(3)

This Section 8 is intended only to define the relative rights of the Guarantors, and nothing set forth in this Section 8 is intended to or shall impair the obligations of the Guarantors, jointly and severally, to pay any amounts as and when the same shall become due and payable in accordance with the terms of this Guaranty.

(4)

The parties hereto acknowledge that the rights of contribution and indemnification hereunder shall constitute assets of the Guarantor or Guarantors to which such contribution and indemnification is owing.

(5)

The rights of the indemnifying Guarantors against other Guarantors under this Section 8 shall be exercisable upon the full and indefeasible payment of the Guaranteed Obligations in cash and the termination of the Credit Agreements and the Designated Hedging Agreements.

XI. Stay of Acceleration. If acceleration of the time for payment of any amount payable by any Borrower under the Credit Agreements, any counterparty to any Designated Hedging Agreement or any other Loan Document is stayed upon the insolvency, bankruptcy or reorganization of any Borrower or any of their Affiliates, all such amounts otherwise subject to acceleration under the terms of the Credit Agreements, any Designated Hedging Agreement or any other Loan Document shall nonetheless be payable by each of the Guarantors hereunder forthwith on demand by the Administrative Agent.

XII. Notices. All notices, requests and other communications to any party hereunder shall be given in the manner prescribed in Article XV of the Credit Agreements with respect to the Administrative Agent at its notice address therein and with respect to any Guarantor at the address set forth below or such other address or telecopy number as such party may hereafter specify for such purpose by notice to the Administrative Agent in accordance with the provisions of such Article XV.

Notice Address for Guarantors:

c/o Chicago Bridge & Iron Company
One CB&I Plaza
2103 Research Forest Drive
The Woodlands, TX 77380
Attn: Richard E. Goodrich, Executive Vice President & Chief Financial Officer
Fax: (_____) ____________

XIII. No Waivers. No failure or delay by the Administrative Agent or any holders of Guaranteed Obligations in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies provided in this Guaranty, the Credit Agreements, any Designated Hedging Agreement and the other Loan Documents shall be cumulative and not exclusive of any rights or remedies provided by law.

XIV. Successors and Assigns. This Guaranty is for the benefit of the Administrative Agent and the holders of Guaranteed Obligations and their respective successors and permitted assigns, provided, that no Guarantor shall have any right to assign its rights or obligations hereunder without the consent of all of the Lenders, and any such assignment in violation of this Section 12 shall be null and void; and in the event of an assignment of any amounts payable under the Credit Agreements, any Designated Hedging Agreement or the other Loan Documents in accordance with the respective terms thereof, the rights hereunder, to the extent applicable to the indebtedness so assigned, may be transferred with such indebtedness. This Guaranty shall be binding upon each of the Guarantors and their respective successors and assigns.

XV. Changes in Writing. Other than in connection with the addition of additional Subsidiaries, which become parties hereto by executing a Supplement hereto in the form attached as Annex I, neither this Guaranty nor any provision hereof may be changed, waived, discharged or terminated orally, but only in writing signed by each of the Guarantors and the Administrative Agent with the consent of the Required Lenders under the 3-Year Credit Agreement (or all of the 3-Year Lenders if required pursuant to the terms of Section 9.2 of the 3-Year Credit Agreement) or with the consent of the Required Lenders under the 5-Year Agreement (or all of the 5-Year Lenders if required pursuant to the terms of Section 9.2 of the 5-Year Credit Agreement).

XVI. GOVERNING LAW. THE ADMINISTRATIVE AGENT ACCEPTS THIS GUARANTY, ON BEHALF OF ITSELF AND THE LENDERS, AT CHICAGO, ILLINOIS BY ACKNOWLEDGING AND AGREEING TO IT THERE. ANY DISPUTE BETWEEN ANY GUARANTOR AND THE ADMINISTRATIVE AGENT OR ANY HOLDER OF GUARANTEED OBLIGATIONS ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH, THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS, AND WHETHER ARISING IN CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE RESOLVED IN ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING §735 ILCS 105/5-1 ET SEQ. BUT OTHERWISE WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS) OF THE STATE OF ILLINOIS.

XVII. CONSENT TO JURISDICTION; SERVICE OF PROCESS; JURY TRIAL.

(A) EXCLUSIVE JURISDICTION. EXCEPT AS PROVIDED IN CLAUSE (B), EACH OF THE PARTIES HERETO AGREES THAT ALL DISPUTES AMONG THEM ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH, THIS GUARANTY OR ANY OF THE OTHER LOAN DOCUMENTS WHETHER ARISING IN CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE RESOLVED EXCLUSIVELY BY FEDERAL COURTS LOCATED IN CHICAGO, ILLINOIS (UNLESS THE FEDERAL COURTS WILL NOT ACCEPT JURISDICTION, IN WHICH CASE THEY SHALL BE RESOLVED EXCLUSIVELY BY STATE COURTS LOCATED IN CHICAGO, ILLINOIS), BUT THE PARTIES HERETO ACKNOWLEDGE THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO BE HEARD BY A COURT LOCATED OUTSIDE OF CHICAGO, ILLINOIS. EACH OF THE PARTIES HERETO WAIVES IN ALL DISPUTES BROUGHT PURSUANT TO THIS CLAUSE (A) ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT CONSIDERING THE DISPUTE.

(B) OTHER JURISDICTIONS. EACH GUARANTOR AGREES THAT THE ADMINISTRATIVE AGENT OR ANY HOLDER OF GUARANTEED OBLIGATIONS SHALL HAVE THE RIGHT TO PROCEED AGAINST EACH GUARANTOR OR ITS RESPECTIVE PROPERTY IN A COURT IN ANY LOCATION TO ENABLE SUCH PERSON TO (1) OBTAIN PERSONAL JURISDICTION OVER ANY GUARANTOR OR (2) IN ORDER TO ENFORCE A JUDGMENT OR OTHER COURT ORDER ENTERED IN FAVOR OF SUCH PERSON. EACH GUARANTOR AGREES THAT IT WILL NOT ASSERT ANY PERMISSIVE COUNTERCLAIMS IN ANY PROCEEDING BROUGHT BY SUCH PERSON TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF SUCH PERSON. EACH GUARANTOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN WHICH SUCH PERSON HAS COMMENCED A PROCEEDING DESCRIBED IN THIS CLAUSE (B).

(C) SERVICE OF PROCESS. EACH GUARANTOR WAIVES PERSONAL SERVICE OF ANY PROCESS UPON IT AND IRREVOCABLY APPOINTS THE BORROWER AT ITS OFFICES LOCATED AT 1501 N. DIVISION STREET PLAINFIELD, ILLINOIS 60544-8984, AS EACH GUARANTOR’S AGENT FOR THE PURPOSE OF ACCEPTING ANY WRITS, SERVICE OF PROCESS OR SUMMONSES IN ANY SUIT, ACTION OR PROCEEDING ISSUED BY ANY COURT. NOTHING HEREIN SHALL IN ANY WAY BE DEEMED TO LIMIT THE ABILITY OF THE AGENT OR THE HOLDERS OF THE GUARANTEED OBLIGATIONS TO SERVE ANY SUCH WRITS, PROCESS OR SUMMONSES IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW.

(D) VENUE. EACH GUARANTOR IRREVOCABLY WAIVES ANY OBJECTION (INCLUDING, WITHOUT LIMITATION, ANY OBJECTION OF THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS) WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING WITH RESPECT TO THIS AGREEMENT OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH IN ANY JURISDICTION SET FORTH ABOVE.

(E) WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY RIGHT TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE, WHETHER SOUNDING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED TO OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED AMONG THEM IN CONNECTION WITH THIS GUARANTY OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH. EACH OF THE PARTIES HERETO AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS GUARANTY WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY.

(E) ADVICE OF COUNSEL. EACH OF THE PARTIES REPRESENTS TO EACH OTHER PARTY HERETO THAT IT HAS DISCUSSED THIS AGREEMENT AND, SPECIFICALLY, THE PROVISIONS OF THIS SECTION 15 WITH ITS COUNSEL.

XVIII. Taxes, Expenses of Enforcement, etc.

A. Taxes.

(1)

Any and all payments by any of the Guarantors hereunder (whether in respect of principal, interest, fees or otherwise) shall be made free and clear of and without deduction for any and all present or future taxes, levies, imposts, deductions, charges or withholdings or any interest, penalties and liabilities with respect thereto including those arising after the date hereof as a result of the adoption of or any change in any law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of each Lender and the Administrative Agent, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by such Lender’s or the Administrative Agent’s, as the case may be, net income by the United States of America or any Governmental Authority of the jurisdiction under the laws of which such Lender or the Administrative Agent, as the case may be, is organized (all such non-excluded taxes, levies, imposts, deductions, charges, withholdings, and liabilities which the Administrative Agent or a

Lender determines to be applicable to this Guaranty, the other Loan Documents, the Revolving Loan Commitments, the Loans or the Letters of Credit being hereinafter referred to as “Taxes”). If any Guarantor shall be required by law to deduct or withhold any Taxes from or in respect of any sum payable hereunder to any holder of Obligations, (i) the sum payable shall be increased as may be necessary so that after making all required deductions or withholdings (including deductions applicable to additional sums payable under this Section 16(A)) such Lender or Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had no such deductions or withholdings been made, (ii) the applicable Guarantor shall make such deductions or withholdings, and (iii) the applicable Guarantor shall pay the full amount deducted or withheld to the relevant taxation authority or other authority in accordance with applicable law. If a withholding tax of the United States of America or any other Governmental Authority shall be or become applicable (y) after the date of this Guaranty, to such payments by the applicable Guarantor made to the Lending Installation or any other office that a Lender may claim as its Lending Installation, or (z) after such Lender’s selection and designation of any other Lending Installation, to such payments made to such other Lending Installation, such Lender shall use reasonable efforts to make, fund and maintain the affected Loans through another Lending Installation of such Lender in another jurisdiction so as to reduce the applicable Guarantor’s liability hereunder, if the making, funding or maintenance of such Loans through such other Lending Installation of such Lender does not, in the judgment of such Lender, otherwise adversely affect such Loans, or obligations under the Commitments of such Lender.

(2)

In addition, each of the Guarantors agrees to pay any present or future stamp or documentary taxes or any other excise or property taxes, charges, or similar levies which arise from any payment made hereunder, or from the execution, delivery or registration of, or otherwise with respect to, this Guaranty, the other Loan Documents, the Commitments, the Loans or the Letters of Credit (hereinafter referred to as “Other Taxes”).

(3)

Subject to the exceptions in the Credit Agreements, each of the Guarantors indemnifies each Lender and the Administrative Agent for the full amount of Taxes and Other Taxes (including, without limitation, any Taxes or Other Taxes imposed by any Governmental Authority on amounts payable under this Section 16(A)) paid by such Lender or the Administrative Agent (as the case may be) and any liability (including penalties, interest, and expenses) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes were correctly or legally asserted. This indemnification shall be made within thirty (30) days after the date such Lender or the Administrative Agent (as the case may be) makes written demand therefor. If the Taxes or Other Taxes with respect to which any Guarantor has made either a direct payment to the taxation or other authority or an indemnification payment hereunder are subsequently refunded to any Lender, such Lender will return to the applicable Guarantor an amount equal to the lesser of the indemnification payment or the refunded amount. A certificate as to any additional amount payable to any Lender or the Administrative Agent under this Section 16(A) submitted to the applicable Guarantor and the Administrative Agent (if a Lender is so submitting) by such Lender or the Administrative Agent shall show in reasonable detail the amount payable and the calculations used to determine such amount and shall, absent manifest error, be deemed presumptively correct. With respect to such deduction or withholding for or on account of any Taxes and to confirm that all such Taxes have been paid to the appropriate Governmental Authorities, the applicable Guarantor or Guarantors shall promptly (and in any event not later than thirty (30) days after receipt) furnish to each Lender and the Administrative Agent such certificates, receipts and other documents as may be required (in the reasonable judgment of such Lender or the Administrative Agent) to establish any tax credit to which such Lender or the Administrative Agent may be entitled.

(4)

Within thirty (30) days after the date of any payment of Taxes or Other Taxes by any Guarantor, the applicable Guarantor shall furnish to the Administrative Agent the original or a certified copy of a receipt evidencing payment thereof.

(5)

Without prejudice to the survival of any other agreement of the Guarantors hereunder, the agreements and obligations of the Guarantors contained in this Section 16(A) shall survive the payment in full of all Guaranteed Obligations and the termination of this Guaranty.

Expenses of Enforcement, Etc. Subject to the terms of the Credit Agreements, after the occurrence of a Default under the 3-Year Credit Agreement, the 3-Year Lenders shall have the right at any time, and, after the occurrence of a Default under the 5-Year Credit Agreement, the 5-Year Lenders shall have the right at any time to direct the Administrative Agent to commence enforcement proceedings with respect to the Guaranteed Obligations. The Guarantors agree to reimburse the Administrative Agent and the holders of Obligations for any costs and out-of-pocket expenses (including reasonable attorneys’ fees and time charges of attorneys for the Administrative Agent and the holders of Obligations, which attorneys may be employees of the Administrative Agent or the holders of Obligations) paid or incurred by the Administrative Agent or any holders of Obligation in connection with the collection and enforcement of amounts due under the Loan Documents, including without limitation this Guaranty. The Administrative Agent agrees to distribute payments received from any of the Guarantors hereunder to the holders of Obligations on a pro rata basis for application in accordance with the terms of the respective Credit Agreements.

XIX. Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due from any Guarantor hereunder in the currency expressed to be payable herein (the “specified currency”) into another currency, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the specified currency with such other currency at the Administrative Agent’s main office in Chicago, Illinois on the Business Day preceding that on which the final, non-appealable judgment is given. The obligations of each Guarantor in respect of any sum due to the Administrative Agent, for itself and the other Lenders, hereunder or under any other Loan Document shall, notwithstanding any judgment in a currency other than the specified currency, be discharged only to the extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in such other currency the Administrative Agent may in accordance with normal, reasonable banking procedures purchase the specified currency with such other currency. If the amount of the specified currency so purchased is less than the sum originally due to the Administrative Agent, on behalf of itself or any Lender, in the specified currency, each Guarantor agrees, to the fullest extent that it may effectively do so, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent against such loss.

XX. Setoff. At any time after all or any part of the Guaranteed Obligations have become due and payable (by acceleration or otherwise), each holder of Obligations and the Administrative Agent may, without notice to any Guarantor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of all or any part of the Guaranteed Obligations (i) any indebtedness due or to become due from such holder of Obligations or the Administrative Agent to any Guarantor, and (ii) any moneys, credits or other property belonging to any Guarantor, at any time held by or coming into the possession of such holder of Obligations or the Administrative Agent or any of their respective affiliates.

XXI. Financial Information. Each Guarantor hereby assumes responsibility for keeping itself informed of the financial condition of the Borrowers and any and all endorsers and/or other Guarantors of all or any part of the Guaranteed Obligations, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations, or any part thereof, that diligent inquiry would reveal, and each Guarantor hereby agrees that none of the holders of Obligations or the Administrative Agent shall have any duty to advise such Guarantor of information known to any of them regarding such condition or any such circumstances. In the event any holder of Obligations or the Administrative Agent, in its sole discretion, undertakes at any time or from time to time to provide any such information to a Guarantor, such holder of Obligations or the Administrative Agent shall be under no obligation (i) to undertake any investigation not a part of its regular business routine, (ii) to disclose any information which such holder of Obligations or the Administrative Agent, pursuant to accepted or reasonable commercial finance or banking practices, wishes to maintain confidential or (iii) to make any other or future disclosures of such information or any other information to such Guarantor.

XXII. Severability. Wherever possible, each provision of this Guaranty shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Guaranty shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity without invalidating the remainder of such provision or the remaining provisions of this Guaranty.

XXIII. Merger. This Guaranty represents the final agreement of each of the Guarantors with respect to the matters contained herein and may not be contradicted by evidence of prior or contemporaneous agreements, or subsequent oral agreements, between the Guarantor and any holder of Obligations or the Administrative Agent.

XXIV. Headings. Section headings in this Guaranty are for convenience of reference only and shall not govern the interpretation of any provision of this Guaranty.

IN WITNESS WHEREOF, the Initial Guarantors has caused this Guaranty to be duly executed by its authorized officer as of the day and year first above written.


CHICAGO BRIDGE & IRON COMPANY

By

		Name:
		Title:

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

By

		Name:
		Title:

CB&I TYLER COMPANY

By

		Name:
		Title:

CB&I CONSTRUCTORS, INC.

By

		Name:
		Title:

CBI SERVICES, INC.

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


HORTON CBI, LIMITED

By

		Name:
		Title:

CBI VENEZOLANA, S.A.

By

		Name:
		Title:

CBI EASTERN ANSTALT

By

		Name:
		Title:

CBI CONSTRUCTORS PTY, LTD.

By

		Name:
		Title:

LEALAND FINANCE COMPANY B.V.

By

		Name:
		Title:

CB&I (EUROPE) B.V.

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD.

By

		Name:
		Title:

ASIA PACIFIC SUPPLY CO.

By

		Name:
		Title:

CBI COMPANY LTD.

By

		Name:
		Title:

CBI CONSTRUCCIONES S.A.

By

		Name:
		Title:

CBI CONSTRUCTORS LIMITED

By

		Name:
		Title:

CBI HOLDINGS (U.K.) LIMITED

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


CBI OVERSEAS, LLC

By

		Name:
		Title:

CENTRAL TRADING COMPANY, LTD.

By

		Name:
		Title:

CHICAGO BRIDGE & IRON (ANTILLES) N.V.

By

		Name:
		Title:

CHICAGO BRIDGE & IRON COMPANY B.V.

By

		Name:
		Title:

CMP HOLDINGS B.V.

By

		Name:
		Title:

PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD.

By

		Name:
		Title:

HOWE-BAKER INTERNATIONAL, L.L.C.

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


HOWE-BAKER ENGINEERS, LTD.

By

		Name:
		Title:

HOWE-BAKER HOLDINGS, L.L.C.

By

		Name:
		Title:

HOWE-BAKER MANAGEMENT, L.L.C.

By

		Name:
		Title:

HOWE-BAKER, L.P.

By

		Name:
		Title:

MATRIX ENGINEERING, LTD.

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


HBI HOLDINGS, L.L.C.

By

		Name:
		Title:

HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.

By

		Name:
		Title:

A&B BUILDERS, LTD.

By

		Name:
		Title:

MATRIX MANAGEMENT SERVICES, L.L.C.

By

		Name:
		Title:

CALLIDUS TECHNOLOGIES INTERNATIONAL, L.L.C.

By

		Name:
		Title:

CALLIDUS TECHNOLOGIES, L.L.C.

By

		Name:
		Title:

CONSTRUCTORS INTERNATIONAL, L.L.C.

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty


SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD.

By

		Name:
		Title:

CB&I (NIGERIA) LIMITED

By

		Name:
		Title:

CHICAGO BRIDGE & IRON (ESPANA) S.A.

By

		Name:
		Title:

CBI (PHILLIPINES), INC.

By

		Name:
		Title:

CB&I JOHN BROWN LIMITED

By

		Name:
		Title:

MORSE CONSTRUCTION GROUP, INC.

By

		Name:
		Title:

TPA HOWE-BAKER, LTD.

By

		Name:
		Title:

CBI HUNGARY HOLDING LIMITED LIABILITY COMPANY

By

		Name:
		Title:

Signature Page to Subsidiary Guaranty

ANNEX I TO GUARANTY

Reference is hereby made to the Guaranty (the “Guaranty”) made as of the 22nd day of August, 2003 by CHICAGO BRIDGE & IRON COMPANY, a Delaware corporation, CHICAGO BRIDGE & IRON COMPANY (DELAWARE), a Delaware corporation, CB&I TYLER COMPANY, a Delaware corporation, CB&I CONSTRUCTORS, INC., a Texas corporation, CBI SERVICES, INC., a Delaware corporation, HORTON CBI, LIMITED, a corporation organized under the laws of Canada, CBI VENEZOLANA, S.A., a corporation organized under the laws of the Republic of Venezuela, CBI EASTERN ANSTALT, a corporation organized under the laws of the Principality of Liechtenstein, CBI CONSTRUCTORS PTY, LTD., a corporation organized under the laws of the Commonwealth of Australia, LEALAND FINANCE COMPANY B.V., a corporation organized under the laws of the Kingdom of the Netherlands, CB&I (EUROPE) B.V., a corporation organized under the laws of the Kingdom of the Netherlands, ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, ASIA PACIFIC SUPPLY CO., a corporation organized under the laws of Delaware, CBI COMPANY LTD., a corporation organized under the laws of Delaware, CBI CONSTRUCCIONES S.A., a corporation organized under the laws of Argentina, CBI CONSTRUCTORS LIMITED, a corporation organized under the laws of the United Kingdom, CBI HOLDINGS (U.K.) LIMITED, a corporation organized under the laws of England and Wales, CBI OVERSEAS, LLC, a limited liability company organized under the laws of Delaware, CENTRAL TRADING COMPANY, LTD., a corporation organized under the laws of Delaware, CHICAGO BRIDGE & IRON (ANTILLES) N.V., a corporation organized under the laws of Curacao, CHICAGO BRIDGE & IRON COMPANY B.V., a corporation organized under the laws of the Netherlands, CMP HOLDINGS B.V., a corporation organized under the laws of the Netherlands, PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, HOWE-BAKER INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER ENGINEERS, LTD., a limited partnership organized under the laws of Texas, HOWE-BAKER HOLDINGS, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER MANAGEMENT, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER, L.P., a limited partnership organized under the laws of Texas, MATRIX ENGINEERING, LTD., a limited partnership organized under the laws of Texas, HBI HOLDINGS, L.L.C., a limited liability company organized under the laws of Delaware, HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C., a limited liability company organized under the laws of Delaware, A&B BUILDERS, LTD., a limited partnership organized under the laws of Texas, MATRIX MANAGEMENT SERVICES, L.L.C., a limited liability company organized under the laws of Delaware, CALLIDUS TECHNOLOGIES INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, CALLIDUS TECHNOLOGIES, L.L.C., a limited liability company organized under the laws of Oklahoma, CONSTRUCTORS INTERNATIONAL, L.L.C., a limited liability company organized under the laws of Delaware, SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD., a corporation organized under the laws of the Cayman Islands, CB&I (NIGERIA) LIMITED, a corporation organized under the laws of Nigeria, CHICAGO BRIDGE & IRON (ESPANA) S.A., a corporation organized under the laws of Spain, CBI (PHILLIPINES) INC., a corporation

organized under the laws of the Phillipines, CB&I JOHN BROWN LIMITED, a company organized under the laws of England, MORSE CONSTRUCTION GROUP, INC., a corporation organized under the laws of Washington, TPA HOWE-BAKER, LTD., a partnership organized under the laws of Texas, and CB&I HUNGARY HOLDING LIMITED LIABILITY COMPANY, a limited liability company organized under the laws of Hungary (the “Initial Guarantors” and along with any additional Subsidiaries which become parties to this Guaranty by executing a Supplement hereto in the form attached as Annex I, the “Guarantors”) in favor of the Administrative Agent under the Credit Agreements. Capitalized terms used herein and not defined herein shall have the meanings given to them in the Guaranty. By its execution below, the undersigned [NAME OF NEW GUARANTOR], a [corporation] [partnership] [limited liability company], agrees to become, and does hereby become, a Guarantor under the Guaranty and agrees to be bound by such Guaranty as if originally a party thereto. By its execution below, the undersigned represents and warrants as to itself that all of the representations and warranties contained in Section 2 of the Guaranty are true and correct in all respects as of the date hereof.

IN WITNESS WHEREOF, [NAME OF NEW GUARANTOR], a [corporation] [partnership] [limited liability company] has executed and delivered this Annex I counterpart to the Guaranty as of this ______________ day of __________, _____.

[NAME OF NEW GUARANTOR]


By:

		Title:

EXHIBIT I

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Revolving Loan Note


$		Chicago, Illinois
		[DATE]

FOR VALUE RECEIVED, the undersigned, CHICAGO BRIDGE & IRON COMPANY N.V., a corporation organized under the laws of the Kingdom of the Netherlands (the “Borrower”), HEREBY UNCONDITIONALLY PROMISES TO PAY to the order of [__________] (the “Lender”) the principal sum of [__________] AND NO/100 DOLLARS ($[__________]), or, if less, the aggregate unpaid amount of all “Revolving Loans” (as defined in the Credit Agreement referred to below) made by the Lender to such Borrower pursuant to the “Credit Agreement” (as defined below), on the “Termination Date” (as such term is defined in the Credit Agreement) or on such earlier date as may be required by the terms of the Credit Agreement. Capitalized terms used herein and not otherwise defined herein are as defined in the Credit Agreement.

The undersigned Borrower promises to pay interest on the unpaid principal amount of each Revolving Loan made to it from the date of such Revolving Loan until such principal amount is paid in full at a rate or rates per annum determined in accordance with the terms of the Credit Agreement. Interest hereunder is due and payable at such times and on such dates as set forth in the Credit Agreement.

At the time of each Revolving Loan, and upon each payment or prepayment of principal of each Revolving Loan, the Lender shall make a notation either on the schedule attached hereto and made a part hereof, or in such Lender’s own books and records, in each case specifying the amount of such Revolving Loan, the respective Interest Period thereof (in the case of Eurodollar Rate Loans) or the amount of principal paid or prepaid with respect to such Revolving Loan, as applicable; provided that the failure of the Lender to make any such recordation or notation shall not affect the Obligations of the undersigned Borrower hereunder or under the Credit Agreement.

This Revolving Loan Note is one of the promissory notes referred to in, and is entitled to the benefits of, that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among Chicago Bridge & Iron Company N.V., the Subsidiary Borrowers from time to time parties thereto (collectively, the “Borrowers”), the financial institutions from time to time parties thereto as lenders (the “Lenders”), and JPMorgan Chase Bank, N.A., as contractual representative for itself and the other Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). The Credit Agreement, among other things, (i) provides for the making of Revolving Loans by the Lender to the undersigned Borrower and the other Borrowers under the Credit Agreement from time to time in an aggregate amount not to exceed at any time outstanding the Dollar Amount first above mentioned, the indebtedness of the undersigned Borrower resulting from each such Revolving Loan to it being evidenced by this Revolving Loan Note, and (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments of the principal hereof prior to the maturity hereof upon the terms and conditions therein specified.

Demand, presentment, protest and notice of nonpayment and protest are hereby waived by the Borrower.

Whenever in this Revolving Loan Note reference is made to the Administrative Agent, the Lender or the Borrower, such reference shall be deemed to include, as applicable, a reference to their respective successors and assigns. The provisions of this Revolving Loan Note shall be binding upon and shall inure to the benefit of said successors and assigns. The Borrower’s successors and assigns shall include, without limitation, a receiver, trustee or debtor in possession of or for the Borrower.

This Revolving Loan Note shall be interpreted, and the rights and liabilities of the parties hereto determined, in accordance with the internal laws (including Section 735 ILCS 105/5-1 et seq. but otherwise without regard to the conflicts of laws provisions) of the State of Illinois.


CHICAGO BRIDGE & IRON COMPANY
N.V., as the Borrower
By: CHICAGO BRIDGE & IRON COMPANY B.V.
Its: Managing Director

By:

	Name:
	Title:	Managing Director

SCHEDULE OF REVOLVING LOANS AND PAYMENTS OR PREPAYMENTS

Amount of

Principal

Unpaid

Amount of

Type of

Interest

Paid or

Principal

Notation

Date

Loan

Loan Currency

Period/ Rate

Prepaid

Balance

Made By

EXHIBIT J

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Assumption Letter

_____________, 20__

To the Administrative Agent and the Lenders party to the
Credit Agreement referred
to below

Ladies and Gentlemen:

Reference is made to that certain Third Amended and Restated Credit Agreement dated as of July 23, 2010 by and among Chicago Bridge & Iron Company N.V., the Subsidiary Borrowers from time to time parties thereto, the financial institutions from time to time parties thereto as lenders (the “Lenders”), and JPMorgan Chase Bank, N.A., as contractual representative for itself and the other Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). Terms defined in the Credit Agreement and used herein are used herein as defined therein.

The undersigned, _____ (the “Subsidiary”), a _____ [corporation], wishes to become a “Subsidiary Borrower” under the Credit Agreement, and accordingly hereby agrees that from the date hereof it shall become a “Subsidiary Borrower” under the Credit Agreement and agrees that from the date hereof and until the payment in full of the principal of and interest on all Advances made to it under the Credit Agreement and performance of all of its other obligations thereunder, and termination hereunder of its status as a “Subsidiary Borrower” as provided below, it shall perform, comply with and be bound by each of the provisions of the Credit Agreement which are stated to apply to a “Borrower” or a “Subsidiary Borrower.” Without limiting the generality of the foregoing, the Subsidiary hereby represents and warrants that: (i) each of the representations and warranties set forth in Section 6.18 of the Credit Agreement is hereby made by such Subsidiary on and as of the date hereof as if made on and as of the date hereof and as if such Subsidiary is a “Subsidiary Borrower” and this Assumption Letter is the “Agreement” referenced therein, and (ii) it has heretofore received a true and correct copy of the Credit Agreement (including any modifications thereof or supplements or waivers thereto) as in effect on the date hereof. In addition, the Subsidiary hereby authorizes each of the Borrowers to act on its behalf as and to the extent provided for in Article II of the Credit Agreement in connection with the selection of Types and Interest Periods for Advances and the conversion and continuation of Advances.

So long as the principal of and interest on all Advances made to the Subsidiary Borrower under the Credit Agreement shall have been repaid or paid in full, all Letters of Credit issued for the account of the Subsidiary Borrower have expired or been returned and terminated and all other obligations of the Subsidiary Borrower under this Agreement shall have been fully performed, the Subsidiary may, by not less than five Business Days’ prior notice to the Administrative Agent (who shall promptly notify the Lender thereof) terminate its status as a “Subsidiary Borrower.”

CHOICE OF LAW. THIS ASSUMPTION LETTER SHALL BE CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING 735 ILCS 105/5-1 ET SEQ. BUT OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS) OF THE STATE OF ILLINOIS, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.

IN WITNESS WHEREOF, the Subsidiary has duly executed and delivered this Assumption Letter as of the date and year first above written.


	[Name of Subsidiary Borrower]
	By:
		Title:
		Address for Notices under the Credit Agreement:

Consented to:
CHICAGO BRIDGE & IRON COMPANY N.V.
By: Chicago Bridge & Iron Company B.V., its Managing Director


By:

		Name:
		Title:

EXHIBIT K

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Designation Agreement

Dated __________, 20__

Reference is made to the Third Amended and Restated Credit Agreement dated as of July 23, 2010 (as amended or otherwise modified from time to time, the “Credit Agreement”) among Chicago Bridge & Iron Company N.V., a corporation organized under the laws of the Kingdom of the Netherlands (the “Company”), the Subsidiary Borrowers from time to time party thereto (together with the Company, collectively, the “Borrowers”), the lenders from time to time party thereto (the “Lenders”), and JPMorgan Chase Bank, N.A., as Administrative Agent, ___________. Terms defined in the Credit Agreement are used herein as therein defined.

___________ (the “Designating Lender”), ____________ (the “Designated Lender”), and the Company, on behalf of itself and the other Borrowers, agree as follows:

The Designating Lender hereby designates the Designated Lender, and the Designated Lender hereby accepts such designation, as its Designated Lender under the Credit Agreement.

The Designating Lender makes no representations or warranty and assumes no responsibility with respect to the financial condition of the Borrowers or the performance or observance by the Borrowers of any of their respective obligations under the Credit Agreement or any other instrument or document furnished pursuant thereto.

The Designated Lender (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Article VII thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Designation Agreement; (ii) agrees that it will, independently and without reliance upon the Administrative Agent, the Designating Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking any action it may be permitted to take under the Credit Agreement; (iii) confirms that it is an Eligible Designee; (iv) appoints and authorizes the Designating Lender as its administrative agent and attorney-in-fact and grants the Designating Lender an irrevocable power of attorney to receive payments made for the benefit of the Designated Lender under the Credit Agreement and to deliver and receive all communications and notices under the Credit Agreement, if any, that Designated Lender is obligated to deliver or has the right to receive thereunder; (v) acknowledges that it is subject to and bound by the confidentiality provisions of the Credit Agreement (except as permitted under Section 14.4 and Section 14.5 thereof); (vi) confirms, to the extent required under the Dutch Banking Act and the Dutch Exemption Regulation, it is a PMP, (vii) confirms it is aware that it does not benefit from the protection offered by the Dutch Banking Act to Lenders which are not PMPs and (viii) acknowledges that the Designating Lender retains the sole right and responsibility to vote under the Credit Agreement, including, without limitation, the right to approve any amendment, modification or waiver of any provision of the Credit Agreement, and agrees that the Designated Lender shall be bound by all such votes, approvals, amendments, modifications and waivers and all other agreements of the Designating Lender pursuant to or in connection with the Credit Agreement.

Following the execution of this Designation Agreement by the Designating Lender, the Designated Lender and the Company, it will be delivered to the Administrative Agent for acceptance and recording by the Administrative Agent. The effective Date of this Designation Agreement shall be the date of acceptance thereof by the Administrative Agent, unless otherwise specified on the signature page hereto (the “Effective Date”).

Upon such acceptance and recording by the Administrative Agent, as of the Effective Date (a) the Designated Lender shall have the right to make Loans as a Lender pursuant to Section 2.1 or 2.2 of the Credit Agreement and the rights of a Lender related thereto and (b) the making of any such Loans by the Designated Lender shall satisfy the obligations of the Designating Lender under the Credit Agreement to the same extent, and as if, such Loans were made by the Designating Lender.

This Designation Agreement shall be governed by, and construed in accordance with, the internal laws (including §735 ILCS 105/5-1 et seq. but otherwise without regard to the conflicts of laws provisions) of the State of Illinois.

IN WITNESS WHEREOF, the parties have caused this Designation Agreement to be executed by their respective officers hereunto duly authorized, as of the date first above written.

Effective Date⁷:


	[NAME OF DESIGNATING LENDER]
	By:
		Name:
		Title:

	[NAME OF DESIGNATED LENDER]
	By:
		Name:
		Title:

	CHICAGO BRIDGE & IRON COMPANY N.V.
	By:	Chicago Bridge & Iron Company B.V., its Managing Director

	By:
		Name:
		Title:


⁷		This date should be no earlier than the date of acceptance by the Administrative Agent.

Accepted and Approved this _____ day of ____________, _____


JPMORGAN CHASE BANK, N.A. as Administrative Agent

By:

		Title:

EXHIBIT L

THIRD AMENDED AND RESTATED CREDIT AGREEMENT

Form of Commitment and Acceptance

Dated , 20__

Reference is made to the Third Amended and Restated Credit Agreement dated as of July 23, 2010 among Chicago Bridge & Iron Company N.V., a corporation organized under the law of the Kingdom of the Netherlands (the “Company”), the Subsidiary Borrowers from time to time party thereto (together with the Company, collectively, the “Borrowers”), the financial institutions party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as contractual representative for the Lenders (the “Administrative Agent”) (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). Terms defined in the Credit Agreement are used herein with the same meaning.

Pursuant to Section 2.5(B) of the Credit Agreement, the Company has requested an increase in the Aggregate Commitment from $ to $ . Such increase in the Aggregate Commitment is to become effective on the date (the “Effective Date”) which is the later of (i) , _____ and (ii) the date on which the conditions precedent set forth in Section 2.5(B) in respect of such increase have been satisfied. In connection with such requested increase in the Aggregate Commitment, the Borrowers, the Administrative Agent and (the “Accepting Bank”) hereby agree as follows:

1. Effective as of the Effective Date, [the Accepting Bank shall become a party to the Credit Agreement as a Lender and shall have all of the rights and obligations of a Lender thereunder and shall thereupon have a Commitment under and for purposes of the Credit Agreement in an amount equal to the] [the Commitment of the Accepting Bank under the Credit Agreement shall be increased from $ to the] amount set forth opposite the Accepting Bank’s name on the signature page hereof.

[2. The Accepting Bank hereby (i) confirms that it has received a copy of the Credit Agreement, together with copies of the financial statements and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Commitment and Acceptance Agreement; (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the Administrative Agent to take such action as contractual representative on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto; (iv) confirms, to the extent required under the Dutch Banking Act and the Dutch Exemption Regulation, it is a PMP, (v) confirms it is aware that it does not benefit from the protection offered by the Dutch Banking Act to Lenders which are not PMPs and (vi) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender]

3. The Company on behalf of all of the Borrowers hereby represents and warrants that as of the date hereof and as of the Effective Date, no event shall have occurred and then be continuing which constitutes a Default or an Unmatured Default.

4. THIS COMMITMENT AND ACCEPTANCE AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS (INCLUDING SECTION 735 ILCS 105/5-1 ET SEQ. BUT OTHERWISE WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS) OF THE STATE OF ILLINOIS.

5. This Commitment and Acceptance Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have caused this Commitment and Acceptance Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written.


	CHICAGO BRIDGE & IRON COMPANY N.V.

	By: Chicago Bridge & Iron Company B.V., its Managing Director

	By:

		Title:


	JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Administrative Agent

	By:

		Title:


COMMITMENT	ACCEPTING BANK

$	[BANK]

	By:

		Title:

Reaffirmations of Guarantors

Each of the undersigned hereby acknowledges receipt of the foregoing Commitment and Acceptance. Capitalized terms used in this Reaffirmation and not defined herein shall have the meanings given to them in the Credit Agreement referred to in the foregoing Commitment and Acceptance. Without in any way establishing a course of dealing by the Administrative Agent or any Lender, the undersigned reaffirms the terms and conditions of the Guaranty dated as of August 22, 2003 executed by it and acknowledges and agrees that such Guaranty and each and every other Loan Document executed by the undersigned in connection with the Credit Agreement remain in full force and effect and are hereby ratified, reaffirmed and confirmed. All references to the Credit Agreement contained in the above-referenced documents shall be a reference to the Credit Agreement as so amended by the Commitment and Acceptance and as the same may from time to time hereafter be amended, modified or restated. The failure of any Guarantor to sign this Reaffirmation shall not release, discharge or otherwise affect the obligations of any of the Guarantors hereunder or under the Guaranty.

[SIGNATURE BLOCKS FOR GUARANTORS]

Schedule 1.1.1 — Permitted Existing Indebtedess

In 000’s of USD Equivalent

As of March 31, 2010


		(in 000s)
Company	Party	US$
Section (a) — Borrowed Money
CBI Venezolana S.A.	Banco Venezolano de Credito		583

Chicago Bridge & Iron Company N.V.	Various		120,000
Chicago Bridge & Iron Company	Bank Lenders

Section (b) — Deferred Purchase Price			N/A

Section (c) — Lien Obligations			N/A

Section (d) — Notes			N/A

Section (e) — Capitalized Leases			N/A

Section (f) — Contingent Obligations	Refer to Schedule 1.1.4

Section (g) — Financial Letters of Credit	as of 3.31.10


				In 000s of
Issued By	Currency	In 000s of local		USD
ANZ Australian-New Zealand Banking Group	PGK		4.6		1.7
ANZ Australian-New Zealand Banking Group	PGK		32.2		12.0
Calyon Bank, New York	USD		4,361.0		4,361.0
Calyon Bank, New York	SGD		222.9		159.3
Calyon Bank, New York	USD		5,325.4		5,325.4
Commerzbank AG	EUR		106.8		144.3
Commerzbank AG	EUR		265.0		358.0
HSBC Bank, Australia	AUD		195.5		179.3
HSBC Bank, Australia	AUD		39.7		36.4
HSBC Bank, Australia	AUD		61.5		56.4
HSBC Bank, Australia	AUD		600.0		550.3
JPMorgan Chase Bank, N.A.	USD		3,030.0		3,030.0
JPMorgan Chase Bank, N.A.	USD		23,100.0		23,100.0
JPMorgan Chase Bank, N.A.	USD		915.0		915.0
JPMorgan Chase Bank, N.A.	USD		2,000.0		2,000.0
JPMorgan Chase Bank, N.A.	USD		4,436.8		4,436.8
Mashreq Bank	AED		30.0		8.2
Mashreq Bank	AED		160.0		43.6
Mashreq Bank	AED		50.0		13.6
Saudi American Bank	SAR		28.1		7.5
Saudi American Bank	SAR		63.4		16.9
Saudi American Bank	SAR		394.5		105.2
Saudi American Bank	SAR		157.3		41.9
Saudi American Bank	SAR		665.1		177.4
Saudi American Bank	SAR		365.7		97.5
Saudi American Bank	SAR		381.7		101.8
Saudi American Bank	SAR		291.7		77.8
Saudi American Bank	SAR		50.0		13.3
Standard Bank	ZAR		2.5		0.3
Grand Total					45,371.0

Refer to Schedule 1.1.4 for a list of all Performance & Financial Letters of Credit


Section (h) — Off-Balance Sheet Liabilities
Sale & Leaseback of Plainfield Facility			33,813
Section (j) — Disqualified Stock			N/A

Schedule 1.1.2 — Permitted Existing Investments
As of March 31, 2010

As of March 31, 2010, the Company had invested $176.4 million of its excess cash in overnight funds and money market funds at JP Morgan Chase Bank NA, Bank of America NA, Northern Trust, PNC Bank, Amegy Bank, Allied Irish Bank, Bank of New York, Comerica Bank, Fifth Third Bank and US Bank.

The Company has investments in the following list of entities:

Arabian CBI Ltd.

Arabian CBI Tank Manufacturing Company Limited

CBI (Malaysia)Sdn. Bhd.

Chicago Bridge & Iron Company (Egypt) LLC

Horton CBI, Limited

CBI (Philippines) Inc.

CBI (Thailand) Limited

Chicago Bridge & Iron Company LLC

Catalytic Distillation Tech (CDTECH)

CBI Clough JV Pte. Ltd

Chevron Lummus Global (CLG)

Please refer to Schedule 6.8 for a more detailed presentation.

Schedule 1.1.3 — Permitted Existing Liens
In 000’s of USD Equivalent
As of March 31, 2010

None

Schedule 1.1.4 — Permitted Existing Contingent Obligations
Consolidated Letters of Credit and Bank Guarantees
As of March 31, 2010

Sum of Amount O/S in 000s USD

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

Arabian CBI Ltd.

3000368880

Saudi American Bank

Ministry of Foreign Affairs

Financial

11/22/2006

10/30/2010

SAR

291.7

77.8

Arabian CBI Ltd.

3000368994

Saudi American Bank

Saad Specialist Hospital

Financial

2/6/2007

2/4/2011

SAR

50.0

13.3

Arabian CBI Ltd.

3000369582

Saudi American Bank

Saudi Kayan Petrochemical Co.

Performance

10/24/2007

1/29/2011

SAR

1,796.6

479.1

Arabian CBI Ltd.

3000390413

Saudi American Bank

JGC Corporation

Performance

8/13/2008

1/30/2011

USD

3,691.6

Arabian CBI Ltd.

3000390414

Saudi American Bank

Samsung Saudi Arabia Ltd.

Warranty

8/13/2008

1/30/2011

USD

462.4

Arabian CBI Ltd.

3000390636

Saudi American Bank

Saudi Kayan Petrochemical Co.

Performance

10/21/2008

10/31/2011

USD

484.2

Arabian CBI Ltd.

3000390704

Saudi American Bank

Contract and Trading (C.A.T.)

Performance

10/29/2008

4/14/2010

USD

1,034.7

Arabian CBI Ltd.

3000390891

Saudi American Bank

Saudi Archirodon Ltd.

Performance

12/17/2008

3/10/2011

SAR

1,550.0

413.3

Arabian CBI Ltd.

3000390892

Saudi American Bank

Saudi Archirodon Ltd.

Advance

12/17/2008

4/30/2010

SAR

161.3

43.0

Arabian CBI Ltd.

3000390948

Saudi American Bank

SABIC Services Ltd.

Warranty

12/30/2008

5/31/2010

USD

370.3

Arabian CBI Ltd.

GCU/CG0705861

Standard Chartered Bank, Dubai

Saudi Kayan Petrochemical Company

Retention

11/7/2007

12/31/2010

USD

3,043.7

Arabian CBI Ltd.

PEB/CCO/059289/B

HSBC Bank, Middle East

JGC Arabia Limited

Performance

8/8/2005

4/30/2010

SAR

6,476.3

1,726.9

Arabian CBI Ltd.

SB07/4029

Arab Banking Corporation

Middle East Engineering & Development Co.Ltd

Performance

5/15/2007

5/18/2010

USD

867.0

Arabian CBI Ltd.

SB07/4031

Arab Banking Corporation

Saudi Kayan Petrochemical Co.

Performance

7/7/2007

10/15/2011

USD

4,379.3

Arabian CBI Ltd.

SB08/4153

Arab Banking Corporation

C.A.T International Limited

Performance

2/20/2008

5/15/2011

USD

4,132.7

Arabian CBI Ltd.

3000391597

Saudi American Bank

Saudi Kayan Petrochemical Co.

Retention

5/19/2009

12/31/2010

USD

3,298.7

Arabian CBI Ltd.

3000392001

Saudi American Bank

Ministry of Foreign Affairs

Tax Bond

8/11/2009

7/30/2010

SAR

218.1

58.1

Arabian CBI Ltd.

3000392023

Saudi American Bank

Gama Industry Arabia Ltd.

Performance

8/19/2009

8/1/2011

USD

353.3

Arabian CBI Ltd.

3000392036

Saudi American Bank

Saudi Polymers Co.

Performance

8/25/2009

12/31/2010

USD

142.6

Arabian CBI Ltd.

3000392071

Saudi American Bank

El Seif Engineering

Advance

9/6/2009

11/4/2010

SAR

1,797.0

479.2

Arabian CBI Ltd.

3000392203

Saudi American Bank

JGC Arabia Limited

Performance

10/10/2009

7/31/2012

SAR

7,215.0

1,923.9

Arabian CBI Ltd.

3000392204

Saudi American Bank

JGC Arabia Limited

Advance

10/10/2009

7/31/2011

SAR

7,215.0

1,923.9

Arabian CBI Ltd.

3000392357

Saudi American Bank

Al Latifia Trading

Advance

11/15/2009

6/30/2010

SAR

515.6

137.5

Arabian CBI Ltd.

3000392354

Saudi American Bank

ESEC/CCC-JV

Performance

11/15/2009

1/25/2012

SAR

1,797.0

479.2

Arabian CBI Ltd.

3000392411

Saudi American Bank

M.S. Al Suwaidi Industrial Services

Retention

11/25/2009

6/16/2011

SAR

5,784.3

1,542.4

Arabian CBI Ltd.

3000392410

Saudi American Bank

M.S. Al Suwaidi Industrial Services

Performance

11/25/2009

6/16/2011

SAR

5,784.3

1,542.4

Arabian CBI Ltd.

3000392409

Saudi American Bank

M.S. Al Suwaidi Industrial Services

Performance

11/25/2009

1/7/2011

SAR

2,888.0

770.1

Arabian CBI Ltd.

3000392412

Saudi American Bank

M.S. Al Suwaidi Industrial Services

Retention

11/25/2009

1/7/2011

SAR

2,888.0

770.1

Arabian CBI Ltd.

3000392426

Saudi American Bank

M.S. Al Suwaidi Industrial Services

Advance

12/6/2009

6/16/2011

SAR

13,008.5

3,468.7

Arabian CBI Ltd.

3000392391

Saudi American Bank

Snamprogetti S.p.A

Performance

11/22/2009

6/5/2012

SAR

5,284.6

1,409.1

Arabian CBI Ltd.

3000392389

Saudi American Bank

Snamprogetti S.p.A

Advance

11/22/2009

6/5/2012

SAR

5,284.6

1,409.1

Arabian CBI Ltd.

3000392592

Saudi American Bank

Snamprogetti S.p.A

Retention

12/29/2009

6/5/2012

SAR

5,284.6

1,409.1

Arabian CBI Ltd.

HOU/S/06271

Riyad Bank, Houston

JGC Arabia Limited

Refundment

12/23/2009

1/31/2011

SAR

6,864.0

1,830.3

Arabian CBI Ltd.

3000392634

Saudi American Bank

King Abdul Aziz Port

Financial

1/6/2010

1/24/2012

SAR

28.1

7.5

Arabian CBI Ltd.

3000392749

Saudi American Bank

King Abdul Aziz Port

Financial

1/26/2010

1/13/2011

SAR

63.4

16.9

Arabian CBI Ltd.

3000392842

Saudi American Bank

Samsung Engineering Co. Ltd., Seoul

Warranty

2/10/2010

5/17/2011

SAR

548.2

146.2

Arabian CBI Ltd.

3000392870

Saudi American Bank

King Abdul Aziz Port

Financial

2/16/2010

2/4/2011

SAR

394.5

105.2

Arabian CBI Ltd.

3000392968

Saudi American Bank

King Abdul Aziz Port

Financial

3/7/2010

2/22/2011

SAR

157.3

41.9

Arabian CBI Ltd.

3000392969

Saudi American Bank

King Abdul Aziz Port

Financial

3/7/2010

2/22/2011

SAR

665.1

177.4

Arabian CBI Ltd.

3000392970

Saudi American Bank

King Abdul Aziz Port

Financial

3/7/2010

2/22/2011

SAR

365.7

97.5

Arabian CBI Ltd.

3000393002

Saudi American Bank

Snamprogetti S.p.A

Performance

3/14/2010

12/31/2010

SAR

321.8

85.8

Arabian CBI Ltd.

3000393081

Saudi American Bank

King Abdul Aziz Port

Financial

3/27/2010

3/11/2011

SAR

381.7

101.8

Arabian CBI Ltd.

GCU/CG1000920

Standard Chartered Bank, Dubai

Mitsubishi Heavy Industries Ltd.

Warranty

2/16/2010

7/31/2012

USD

3,076.5

CB&I Europe B.V. — Fujian

80247

HSBC Bank, Australia

CNOOC Fujian LNG Co. Ltd.

Retention

10/21/2008

9/17/2010

USD

170.0

CB&I Europe B.V. — Fujian

GCU/CG0900298

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Performance

1/21/2009

6/21/2011

USD

14,366.8

CB&I Europe B.V. — Fujian

GCU/CG0900300

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Advance

1/21/2009

6/21/2011

USD

106.0

CB&I Europe B.V. — Fujian

GCU/CG0900315

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Advance

2/17/2009

6/21/2011

USD

407.2

CB&I Europe B.V. — Fujian

GCU/CG0900687

Standard Chartered Bank, Dubai

CNOOC Fujian LNG Co. Ltd.

Advance

2/12/2009

6/21/2011

USD

854.0

CB&I Europe B.V. — Fujian

GCU/CG0900688

Standard Chartered Bank, Dubai

CNOOC Fujian LNG Co. Ltd.

Advance

2/12/2009

6/21/2011

USD

2,372.2

CB&I Europe B.V. — Fujian

GCU/CG1000195

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Advance

1/18/2010

6/21/2011

USD

1,268.9

CB&I Europe B.V. — Fujian

GCU/CG1000196

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Advance

1/18/2010

6/21/2011

USD

1,165.5

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CB&I Europe B.V. — Fujian

GCU/CG1000197

Standard Chartered Bank, Dubai

CNOOC-Fujian LNG Co. Ltd.

Advance

1/18/2010

6/21/2011

USD

2,198.5

CB&I Lummus Alireza Co. Ltd.

3000364474

Saudi American Bank (SAMBA)

Al Jubail Petrochemical Company

Performance

1/23/2000

1/23/2011

SAR

54.3

14.5

CB&I Lummus Alireza Co. Ltd.

HOU/S/05886

Riyad Bank, Houston

Al-Jubail Petrochemical Company (Kemya)

Performance

5/21/2008

7/21/2010

USD

5,000.0

CB&I Lummus B.V.

2008.005.941

ING Bank

Essent Projects B.V.

Performance

7/10/2008

12/31/2012

EUR

2,217.5

2,995.8

CB&I Lummus B.V.

2008.010.637

ING Bank

NV Nederlandse Gasunie

Other

12/23/2008

12/31/2011

EUR

5,000.0

6,755.0

CB&I Lummus B.V.

504BGA0800732

Deutsche Bank AG

Sanpaolo IMI S. p. A.

Performance

1/24/2008

5/7/2010

EUR

3,013.9

4,071.7

CB&I Lummus B.V.

504BGA0800734

Deutsche Bank AG

Sanpaolo IMI S. p. A.

Retention

1/24/2008

5/7/2010

EUR

1,506.9

2,035.9

CB&I Lummus B.V.

504BGA0800716

Deutsche Bank AG

INA Industrija Nafte d.d.

Performance

1/9/2008

12/31/2010

EUR

71.6

96.7

CB&I Lummus B.V.

09G830181

ABN AMRO Bank, N.V., Rotterdam

Indian Oil Corporation Ltd.

Advance

8/1/2009

4/15/2014

EUR

671.9

907.8

CB&I Lummus B.V.

09G830261

ABN AMRO Bank, N.V., Rotterdam

Nuon Zuidwending B.V.

Performance

9/1/2009

5/10/2011

EUR

325.0

439.1

CB&I Lummus B.V.

09G830687

ABN AMRO Bank, N.V., Rotterdam

OAO Nizhnekamskneftekhim

Performance

10/19/2009

10/15/2012

EUR

219.0

295.9

CB&I Lummus B.V.

09G831084

ABN AMRO Bank, N.V., Rotterdam

Shell Nederland Raffinaderij B.V.

Performance

11/30/2009

7/28/2010

EUR

242.0

326.9

CB&I Lummus B.V.

K630057

ING Bank

Gassled JV

Performance

2/4/2010

1/31/2014

EUR

617.5

834.3

CB&I Lummus B.V.

K636390

ING Bank

Egyptian Petrochemicals Holding Co.

Payment

2/22/2010

10/11/2010

USD

400.0

CB&I Lummus B.V.

10G831501

ABN AMRO Bank, N.V., Rotterdam

Gasunie Zuidwending B.V.

Advance

3/30/2010

6/30/2010

EUR

115.8

156.4

CB&I Lummus B.V.

10G831502

ABN AMRO Bank, N.V., Rotterdam

Gasunie Zuidwending B.V.

Performance

3/30/2010

11/14/2011

EUR

115.8

156.4

CB&I Lummus B.V.

10G831528

ABN AMRO Bank, N.V., Rotterdam

Association Sonatrach Total Cespa

Performance

1/1/2010

5/4/2010

USD

100.0

CB&I Lummus Crest Mauritius

09G823902

ABN AMRO Bank, N.V., Rotterdam

Nagarjuna Oil Corporation Limited (NOCL)

Performance

2/9/2009

1/31/2014

EUR

2,640.0

3,566.6

CB&I Lummus GmbH

FRWAV70059790301

Commerzbank AG

Grupa LOTOS

Performance

9/26/2008

5/30/2011

EUR

11,162.5

15,080.5

CB&I Lummus GmbH

KYJAV70009020001

Commerzbank AG

OMV

Performance

9/17/2008

7/4/2010

EUR

3,284.3

4,437.1

CB&I Lummus GmbH

KYJAV70011250001

Commerzbank AG

OMV

Performance

10/29/2008

7/4/2010

EUR

3,284.3

4,437.1

CB&I Lummus GmbH

KYJAV70013410001

Commerzbank AG

OMV

Performance

12/3/2008

7/4/2010

EUR

133.3

180.2

CB&I Lummus GmbH

MAKAV06352000200

Commerzbank AG

Alphabet-Dr.Langhauser

Performance

12/18/2006

5/30/2010

EUR

7.7

10.4

CB&I Lummus GmbH

MAKAV06352000300

Commerzbank AG

Alphabet-Dr.Özdemir

Performance

12/18/2006

5/30/2010

EUR

7.7

10.4

CB&I Lummus GmbH

FRWAV70083880301

Commerzbank AG

Slovnaft

Performance

7/1/2009

6/30/2012

EUR

105.0

141.9

CB&I Lummus GmbH

MAKAV02280000101

Commerzbank AG

Sicherung ATZ

Financial

7/26/2004

12/31/2016

EUR

265.0

358.0

CB&I Lummus Pte Ltd.

008837025

Calyon Bank, New York

Ascendas (Tuas) Pte Ltd.

Financial

3/29/2010

12/30/2010

SGD

222.9

159.3

CB&I Lummus s.r.o.

08G818783

ABN AMRO Bank, N.V., Rotterdam

INA Industrija Nafte, Rijeka, Croatia

Advance

2/18/2008

6/20/2010

EUR

331.3

447.6

CB&I Lummus s.r.o.

08G818784

ABN AMRO Bank, N.V., Rotterdam

INA Industrija Nafte, Rijeka, Croatia

Performance

2/18/2008

6/20/2011

EUR

1,990.0

2,688.5

CB&I Lummus s.r.o.

08G818951

ABN AMRO Bank, N.V., Rotterdam

Petrom SA, Bucharest Rumania

Performance

2/27/2008

3/31/2012

EUR

322.0

435.0

CB&I Lummus s.r.o.

08G819153

ABN AMRO Bank, N.V., Rotterdam

Synthos PBR s.r.o., Kralupy, Czech Republic

Performance

3/14/2008

9/27/2011

CZK

1,650.0

87.4

CB&I Lummus s.r.o.

08G821416

ABN AMRO Bank, N.V., Rotterdam

Petrom SA, Bucharest, Rumania

Performance

8/7/2008

4/30/2012

EUR

10.0

13.4

CB&I Lummus s.r.o.

08G821548

ABN AMRO Bank, N.V., Rotterdam

Slovnaft a.s, Bratislava, Slovak Republic

Performance

8/22/2008

7/31/2011

EUR

280.0

378.3

CB&I Lummus s.r.o.

08G822280

ABN AMRO Bank, N.V., Rotterdam

Petrom SA, Bucharest

Performance

10/21/2008

8/30/2012

EUR

309.4

418.0

CB&I Lummus s.r.o.

09G824087

ABN AMRO Bank, N.V., Rotterdam

Synthos PBR s.r.o., Kralupy, Czech Republic

Advance

2/6/2009

7/30/2011

CZK

22,525.0

1,193.8

CB&I Lummus s.r.o.

HTFZ22630

CSOB Ceskoslovenska Obchodini Banka

Spolek pro Chemickou V’yrobu

Performance

6/11/2008

7/31/2010

CZK

813.7

43.1

CB&I Lummus s.r.o.

09G824086

ABN AMRO Bank, N.V., Rotterdam

Synthos PBR s.r.o., Kralupy, Czech Republic

Performance

3/13/2009

12/30/2012

CZK

22,525.0

1,193.8

CB&I Lummus s.r.o.

FRWAV70093400201

Commerzbank AG

Naftna Industrija Srbije

Advance

10/27/2009

12/31/2012

EUR

14,408.1

19,465.3

CB&I Lummus s.r.o.

FRWAV70093380201

Commerzbank AG

Naftna Industrija Srbije

Performance

10/27/2009

10/14/2014

EUR

6,003.4

8,110.6

CB&I UK Limited

715837053

Calyon Bank, New York

GNL Quintero S.A.

Retention

6/7/2007

9/20/2010

USD

8,725.9

CB&I UK Limited

10847 AC 00001

De Nationale Borg

Portland Gas Storage Ltd.

Performance

11/20/2008

11/30/2010

GBP

267.5

406.2

CB&I UK Limited

10847 AC 00002

De Nationale Borg

HSBC - Agip Kazakhstan North Caspian Operating Co. N.V.

Advance

2/12/2009

2/10/2011

GBP

750.0

1,138.8

CB&I UK Limited

10847 AC 00003

De Nationale Borg

Agip Kazakhstan North Caspian Operating Co. N.V.

Retention

2/9/2009

2/10/2011

GBP

1,100.0

1,670.2

CB&I UK Limited

779-02-0053968-I

Standard Chartered Bank, London

HM Customs and Excise

VAT Deferment Bond

4/20/2005

12/30/2010

GBP

1,000.0

1,518.4

CB&I UK Limited

10847 AC 00005

De Nationale Borg

Shell Development Kashagan B.V.

Retention

3/15/2010

7/1/2012

GBP

2,100.0

3,188.6

CB&I UK Limited

AETEB/GTY/1069611/B

HSBC Bank, Middle East

Eni Tunisia B.V.

Tender

3/22/2010

7/1/2010

USD

500.0

CB&I UK Limited — Isle of Grain

T401109

The Royal Bank of Scotland

National Grid Grain LNG Limited

Performance

8/3/2006

11/27/2010

GBP

12,383.1

18,802.5

CB&I UK Limited — Isle of Grain

T403114

The Royal Bank of Scotland

National Grid Grain LNG Limited

Retention

5/1/2008

2/10/2013

GBP

11,316.1

17,182.3

CB&I UK Limited — South Hook

10847 AA 00024

De Nationale Borg

South Hook LNG Terminal Company Ltd.

Performance

10/16/2006

12/31/2011

GBP

8,896.7

13,508.8

CB&I UK Limited — South Hook

G832

Qatar National Bank SAQ

South Hook LNG Terminal Company Limited

Performance

11/1/2004

12/31/2011

GBP

24,998.9

37,958.3

CB&I UK Limited — South Hook

G838

Qatar National Bank SAQ

South Hook LNG Terminal Company Limited

Performance

1/14/2005

12/31/2011

GBP

16,796.0

25,503.0

CB&I, Inc.

9701

Abu Dhabi International Bank, Inc.

Yemen LNG Company Ltd.

Performance

8/12/2007

9/26/2011

USD

7,295.2

CB&I, Inc.

S730463

National Bank of Kuwait

Qatar Fertiliser Company S.A.Q.

Performance

6/22/2007

5/31/2010

USD

1,585.3

CB&I, Inc.

S730496

National Bank of Kuwait

Qatar Fertiliser Company S.A.Q.

Performance

3/4/2009

8/27/2010

USD

1,585.3

CBI Constructors FZE

PPU/LA8838 / MEAE2AE07G401854

ABN AMRO Bank, N.V., Dubai

Jebel Ali Free Zone Authority

Labor

7/26/2001

7/25/2010

AED

75.0

20.4

CBI Constructors Pty. Limited

20095

HSBC Bank, Australia

ANZ Bank

Financial

12/24/2003

6/30/2010

AUD

195.5

179.3

CBI Constructors Pty. Limited

21197

ANZ Australian-New Zealand Banking Group

Internal Revenue PNG

Financial

10/21/1997

7/21/2010

PGK

32.2

12.0

CBI Constructors Pty. Limited

70134

HSBC Bank, Australia

RISC PTY Ltd.

Financial

8/30/2007

9/1/2010

AUD

39.7

36.4

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CBI Constructors Pty. Limited

70188

HSBC Bank, Australia

Woodside Burrup PTY Ltd.

Performance

11/9/2007

4/30/2010

AUD

21,339.7

19,572.8

CBI Constructors Pty. Limited

70212

HSBC Bank, Australia

Woodside Energy Ltd.

Performance

12/3/2007

8/31/2010

AUD

2,000.0

1,834.4

CBI Constructors Pty. Limited

80209

HSBC Bank, Australia

Woodside Energy Ltd.

Performance

8/19/2008

7/31/2010

AUD

1,520.0

1,394.1

CBI Constructors Pty. Limited

80301

HSBC Bank, Australia

BP Australia Pty Ltd.

Performance

12/11/2008

10/1/2010

AUD

389.3

357.1

CBI Constructors Pty. Limited

80304

HSBC Bank, Australia

BP Australia Pty Ltd.

Performance

12/11/2008

4/10/2011

AUD

371.2

340.5

CBI Constructors Pty. Limited

3335992

ANZ Australian-New Zealand Banking Group

Shepparton Waterboard

Performance

11/27/1992

7/27/2010

AUD

8.0

7.3

CBI Constructors Pty. Limited

29070196-A

ANZ Australian-New Zealand Banking Group

Collector of Customs PNG

Financial

7/31/1996

7/31/2010

PGK

4.6

1.7

CBI Constructors Pty. Limited

90139

HSBC Bank, Australia

Cutmere Pty. Ltd.

Security

8/11/2009

2/28/2012

AUD

362.6

332.6

CBI Constructors Pty. Limited

90153

HSBC Bank, Australia

BP Australia Pty Ltd.

Performance

8/24/2009

4/28/2010

AUD

233.6

214.3

CBI Constructors Pty. Limited

90154

HSBC Bank, Australia

BP Australia Pty Ltd.

Performance

8/24/2009

4/27/2011

AUD

233.6

214.3

CBI Constructors Pty. Limited

90199

HSBC Bank, Australia

Epping Real Estate Pty Ltd.

Financial

11/18/2009

3/31/2010

AUD

61.5

56.4

CBI Constructors Pty. Limited

90200

HSBC Bank, Australia

Saji Pty Ltd.

Financial

11/19/2009

11/22/2019

AUD

600.0

550.3

CBI Constructors Pty. Limited

90215

HSBC Bank, Australia

Rio Tinto Aluminium Pty Ltd.

Performance

12/1/2009

12/1/2010

AUD

6,371.0

5,843.5

CBI Constructors Pty. Limited

100046

HSBC Bank, Australia

Rio Tinto Aluminium Pty Ltd.

Performance

3/16/2010

6/30/2011

AUD

133.7

122.6

CBI Constructors S.A. (Proprietary) Limited

M302406

Standard Bank

Department of Customs & Excise

Financial

11/7/1995

12/31/2010

ZAR

2.5

0.3

CBI Eastern Anstalt

9493

Abu Dhabi International Bank, Inc.

Eastern Bechtel Co., Ltd

Performance

3/3/2006

1/30/2011

USD

1,022.2

CBI Eastern Anstalt

9870

Abu Dhabi International Bank, Inc.

Abu Dhabi Oil Refining Company (TAKREER)

Performance

10/23/2008

2/28/2014

USD

464.5

CBI Eastern Anstalt

008302/0000/00 / MEAE2AE7G501853

ABN AMRO Bank, N.V., Dubai

Ministry of Labour

Labor

7/15/2001

7/14/2010

AED

24.0

6.5

CBI Eastern Anstalt

008330/0000/00 / MEAE2AE07G501851

ABN AMRO Bank, N.V., Dubai

Ministry of Labour

Labor

7/24/2001

7/24/2010

AED

3.0

0.8

CBI Eastern Anstalt

APG/GTY/064906/B

HSBC Bank, Middle East

Qatar Shell GTL Limited

Advance

11/14/2006

9/30/2010

USD

3,276.4

CBI Eastern Anstalt

APG/GTY/064907/B

HSBC Bank, Middle East

Qatar Shell GTL Limited

Advance

11/14/2006

9/30/2010

GBP

177.7

269.8

CBI Eastern Anstalt

APG/GTY/064908/B

HSBC Bank, Middle East

Qatar Shell GTL Limited

Advance

11/14/2006

9/30/2010

EUR

656.9

887.4

CBI Eastern Anstalt

FNG GTY/0612013/B / GTE DOH 063537

HSBC Bank, Middle East

Qatar Shell GTL Limited

Tax Retention Bond

11/30/2006

9/30/2010

USD

100.0

CBI Eastern Anstalt

FNG GTY/082992/B & FNG DOH 087032

HSBC Bank, Middle East

Chiyoda, Snamprogetti & Co. W.L.L.

Tax Retention Bond

3/26/2008

7/26/2010

USD

2,205.2

CBI Eastern Anstalt

FNG GTY/0958330B / FNG DOH 097017

HSBC Bank, Middle East

Qatar Shell GTL Limited

Tax Retention Bond

1/29/2009

9/30/2010

USD

2,200.0

CBI Eastern Anstalt

G030505

Mashreq Bank

Ministry of Labour

Labor

9/11/2002

9/10/2010

AED

15.0

4.1

CBI Eastern Anstalt

G031219

Mashreq Bank

Ministry of Labour

Labor

10/21/2002

10/20/2010

AED

18.0

4.9

CBI Eastern Anstalt

G031797

Mashreq Bank

Ministry of Labour

Labor

12/1/2002

12/1/2010

AED

51.0

13.9

CBI Eastern Anstalt

G032192

Mashreq Bank

Ministry of Labour

Labor

12/30/2002

12/30/2010

AED

51.0

13.9

CBI Eastern Anstalt

G032738

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

2/3/2003

7/3/2010

AED

135.0

36.8

CBI Eastern Anstalt

G033066

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

2/24/2003

4/23/2010

AED

24.0

6.5

CBI Eastern Anstalt

G033317

Mashreq Bank

Ministry of Labour & Social Affairs - Labor Sector

Labor

3/10/2003

9/9/2010

AED

9.0

2.5

CBI Eastern Anstalt

G033588

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

3/25/2003

9/24/2010

AED

81.0

22.1

CBI Eastern Anstalt

G034082

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

4/22/2003

4/21/2010

AED

93.0

25.3

CBI Eastern Anstalt

G034167

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

4/27/2003

4/26/2010

AED

3.0

0.8

CBI Eastern Anstalt

G041536

Mashreq Bank

Ministry of Labour and Social Affair

Labor

8/8/2004

8/7/2010

AED

42.0

11.4

CBI Eastern Anstalt

G041830

Mashreq Bank

Ministry of Labour and Social Affair

Labor

8/23/2004

8/22/2010

AED

3.0

0.8

CBI Eastern Anstalt

G041943

Mashreq Bank

Ministry of Labour and Social Affair

Labor

8/29/2004

8/28/2010

AED

3.0

0.8

CBI Eastern Anstalt

G042249

Mashreq Bank

Ministry of Labour and Social Affair

Labor

9/15/2004

9/14/2010

AED

3.0

0.8

CBI Eastern Anstalt

G042480

Mashreq Bank

Ministry of Labour and Social Affair

Labor

9/27/2004

9/26/2010

AED

3.0

0.8

CBI Eastern Anstalt

G042598

Mashreq Bank

Ministry of Labour and Social Affair

Labor

10/4/2004

10/4/2010

AED

3.0

0.8

CBI Eastern Anstalt

G042845

Mashreq Bank

Ministry of Labour and Social Affair

Labor

10/19/2004

10/18/2010

AED

6.0

1.6

CBI Eastern Anstalt

G042846

Mashreq Bank

Ministry of Labour and Social Affair

Labor

10/19/2004

10/18/2010

AED

6.0

1.6

CBI Eastern Anstalt

G044076

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

1/6/2005

9/5/2010

AED

3.0

0.8

CBI Eastern Anstalt

G044192

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

1/15/2005

9/14/2010

AED

3.0

0.8

CBI Eastern Anstalt

G044292

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

1/18/2005

9/17/2010

AED

3.0

0.8

CBI Eastern Anstalt

G044485

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

2/1/2005

9/1/2010

AED

3.0

0.8

CBI Eastern Anstalt

G044693

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

2/13/2005

9/12/2010

AED

3.0

0.8

CBI Eastern Anstalt

G045098

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

3/9/2005

4/8/2010

AED

3.0

0.8

CBI Eastern Anstalt

G046934

Mashreq Bank

Ministry of Labour and Social Affairs-Labour Secto

Labor

6/12/2005

9/11/2010

AED

3.0

0.8

CBI Eastern Anstalt

G047122

Mashreq Bank

Ministry of Labour and Social Affair

Labor

6/25/2005

9/24/2010

AED

3.0

0.8

CBI Eastern Anstalt

G047228

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

6/28/2005

9/27/2010

AED

3.0

0.8

CBI Eastern Anstalt

G047498

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

7/11/2005

9/10/2010

AED

3.0

0.8

CBI Eastern Anstalt

G047848

Mashreq Bank

Ministry of Labour and Social Affairs-Labor Sector

Labor

8/2/2005

8/1/2010

AED

3.0

0.8

CBI Eastern Anstalt

G047973

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

8/11/2005

8/10/2010

AED

3.0

0.8

CBI Eastern Anstalt

G048182

Mashreq Bank

Ministry of Labour and Social Affair - Labor Secto

Labor

8/23/2005

8/22/2010

AED

3.0

0.8

CBI Eastern Anstalt

G048313

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

8/30/2005

8/29/2010

AED

3.0

0.8

CBI Eastern Anstalt

G048417

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

9/7/2005

9/6/2010

AED

3.0

0.8

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CBI Eastern Anstalt

G048567

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

9/14/2005

9/13/2010

AED

3.0

0.8

CBI Eastern Anstalt

G048832

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

9/29/2005

9/28/2010

AED

3.0

0.8

CBI Eastern Anstalt

G048837

Mashreq Bank

Ministry of Economy and Plannning

Trade License Guarantee

10/1/2005

10/1/2010

AED

50.0

13.6

CBI Eastern Anstalt

G048838

Mashreq Bank

Ministry of Economy and Planning

Trade License Guarantee

10/1/2005

10/1/2010

AED

50.0

13.6

CBI Eastern Anstalt

G049068

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

10/15/2005

10/14/2010

AED

3.0

0.8

CBI Eastern Anstalt

G049815

Mashreq Bank

Ministry of Labour & Social Affairs - Labour Secto

Labor

11/24/2005

11/23/2010

AED

3.0

0.8

CBI Eastern Anstalt

G049951

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

12/4/2005

12/3/2010

AED

3.0

0.8

CBI Eastern Anstalt

G049952

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

12/4/2005

12/3/2010

AED

3.0

0.8

CBI Eastern Anstalt

G050130

Mashreq Bank

Ministry of Labour and Social Affairs Labor Sector

Labor

12/12/2005

12/11/2010

AED

3.0

0.8

CBI Eastern Anstalt

G050332

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

12/22/2005

12/21/2010

AED

3.0

0.8

CBI Eastern Anstalt

G050450

Mashreq Bank

Abu Dhabi National Oil Company for Distribution

Warranty

12/28/2005

12/28/2010

AED

500.0

136.1

CBI Eastern Anstalt

G050558

Mashreq Bank

Jebel Ali Free Zone Authority

Labor

1/12/2006

8/11/2010

AED

50.0

13.6

CBI Eastern Anstalt

G050929

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

1/31/2006

4/30/2010

AED

3.0

0.8

CBI Eastern Anstalt

G050944

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

2/2/2006

4/1/2010

AED

3.0

0.8

CBI Eastern Anstalt

G051180

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

2/15/2006

4/14/2010

AED

6.0

1.6

CBI Eastern Anstalt

G052435

Mashreq Bank

Abu Dhabi National Oil Company for Distribution

Financial

4/19/2006

4/18/2010

AED

30.0

8.2

CBI Eastern Anstalt

G052967

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

5/15/2006

5/15/2010

AED

9.0

2.5

CBI Eastern Anstalt

G052990

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

5/15/2006

5/15/2010

AED

9.0

2.5

CBI Eastern Anstalt

G053316

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

6/3/2006

6/2/2010

AED

9.0

2.5

CBI Eastern Anstalt

G053537

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

6/14/2006

6/13/2010

AED

30.0

8.2

CBI Eastern Anstalt

G053539

Mashreq Bank

Jebel Ali Free Zone Authority

Labor

6/14/2006

6/13/2010

AED

75.0

20.4

CBI Eastern Anstalt

G053611

Mashreq Bank

Ministry of Labour and Social Affairs

Labor

6/18/2006

6/18/2010

AED

24.0

6.5

CBI Eastern Anstalt

G053859

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

7/1/2006

7/1/2010

AED

3.0

0.8

CBI Eastern Anstalt

G054491

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

8/1/2006

7/31/2010

AED

15.0

4.1

CBI Eastern Anstalt

G054507

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

8/2/2006

8/1/2010

AED

21.0

5.7

CBI Eastern Anstalt

G054560

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

8/6/2006

8/5/2010

AED

33.0

9.0

CBI Eastern Anstalt

G055396

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

9/27/2006

9/26/2010

AED

63.0

17.2

CBI Eastern Anstalt

G055572

Mashreq Bank

Ministry of Labour & Social Affairs - Dubai

Labor

10/9/2006

10/8/2010

AED

6.0

1.6

CBI Eastern Anstalt

G055669

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

10/15/2006

10/14/2010

AED

6.0

1.6

CBI Eastern Anstalt

G055918

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

11/2/2006

11/1/2010

AED

6.0

1.6

CBI Eastern Anstalt

G056079

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

11/14/2006

11/13/2010

AED

6.0

1.6

CBI Eastern Anstalt

G056125

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

11/16/2006

11/15/2010

AED

6.0

1.6

CBI Eastern Anstalt

G056206

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

11/21/2006

11/20/2010

AED

12.0

3.3

CBI Eastern Anstalt

G056290

Mashreq Bank

Ministry of Labour & Social Affairs - Abu Dhabi

Labor

11/26/2006

11/25/2010

AED

3.0

0.8

CBI Eastern Anstalt

G056617

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

12/17/2006

12/16/2010

AED

12.0

3.3

CBI Eastern Anstalt

G056624

Mashreq Bank

Ministry of Economy and Planning

Trade License

12/18/2006

12/17/2010

AED

50.0

13.6

CBI Eastern Anstalt

G056634

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

12/18/2006

12/17/2010

AED

21.0

5.7

CBI Eastern Anstalt

G056843

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

1/7/2007

9/6/2010

AED

12.0

3.3

CBI Eastern Anstalt

G057028

Mashreq Bank

Ministry of Laboiur & Social Affairs

Labor

1/18/2007

9/17/2010

AED

27.0

7.4

CBI Eastern Anstalt

G057284

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

2/8/2007

9/7/2010

AED

87.0

23.7

CBI Eastern Anstalt

G057586

Mashreq Bank

Ministry of Labour & Social Affairs - Abu Dhabi

Labor

2/28/2007

9/27/2010

AED

18.0

4.9

CBI Eastern Anstalt

G057587

Mashreq Bank

Ministry of Labour & Social Affairs - Dubai

Labor

2/28/2007

9/27/2010

AED

45.0

12.3

CBI Eastern Anstalt

G057765

Mashreq Bank

Ministry of Labour & Social Affairs - Ajman

Labor

3/13/2007

9/12/2010

AED

27.0

7.4

CBI Eastern Anstalt

G058307

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

4/17/2007

9/16/2010

AED

9.0

2.5

CBI Eastern Anstalt

G058364

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

4/19/2007

9/18/2010

AED

9.0

2.5

CBI Eastern Anstalt

G058411

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

4/23/2007

9/22/2010

AED

24.0

6.5

CBI Eastern Anstalt

G058746

Mashreq Bank

Ministry of Labour & Social Affairs - Dubai

Labor

5/14/2007

9/13/2010

AED

27.0

7.4

CBI Eastern Anstalt

G058831

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

5/20/2007

9/19/2010

AED

18.0

4.9

CBI Eastern Anstalt

G058915

Mashreq Bank

Ministry of Labor & social Affairs - Dubai

Labor

5/24/2007

9/23/2010

AED

27.0

7.4

CBI Eastern Anstalt

G058916

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

5/24/2007

9/23/2010

AED

33.0

9.0

CBI Eastern Anstalt

G059084

Mashreq Bank

Ministry of Labor & social Affairs - Dubai

Labor

6/6/2007

6/5/2010

AED

18.0

4.9

CBI Eastern Anstalt

G059345

Mashreq Bank

Ministry of Labor & social Affairs - Dubai

Labor

6/24/2007

6/23/2010

AED

21.0

5.7

CBI Eastern Anstalt

G059346

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

6/24/2007

6/23/2010

AED

30.0

8.2

CBI Eastern Anstalt

G059409

Mashreq Bank

Ministry of Labor and Social Affairs - Ajman

Labor

6/27/2007

6/26/2010

AED

18.0

4.9

CBI Eastern Anstalt

G059685

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

7/15/2007

7/14/2010

AED

3.0

0.8

CBI Eastern Anstalt

G059735

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

7/17/2007

7/16/2010

AED

6.0

1.6

CBI Eastern Anstalt

G059745

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

7/18/2007

7/17/2010

AED

24.0

6.5

CBI Eastern Anstalt

G059746

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

7/18/2007

7/17/2010

AED

18.0

4.9

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CBI Eastern Anstalt

G059770

Mashreq Bank

Jebel Ali FreeZone Authority

Labor

7/19/2007

7/18/2010

AED

50.0

13.6

CBI Eastern Anstalt

G059922

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

7/29/2007

7/28/2010

AED

18.0

4.9

CBI Eastern Anstalt

G059959

Mashreq Bank

Ministry of Labour & Social Affairs

Labor

8/1/2007

7/31/2010

AED

21.0

5.7

CBI Eastern Anstalt

G060582

Mashreq Bank

Ministry of Labor and Social Affairs

Labor

9/20/2007

9/19/2010

AED

15.0

4.1

CBI Eastern Anstalt

G060655

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

9/26/2007

9/25/2010

AED

30.0

8.2

CBI Eastern Anstalt

G061034

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

10/30/2007

10/29/2010

AED

21.0

5.7

CBI Eastern Anstalt

G061383

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

11/26/2007

11/25/2010

AED

12.0

3.3

CBI Eastern Anstalt

G061434

Mashreq Bank

Star Energy Resources Ltd.

Advance

11/29/2007

8/28/2010

USD

438.5

CBI Eastern Anstalt

G061451

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

12/3/2007

12/2/2010

AED

6.0

1.6

CBI Eastern Anstalt

G061782-A

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

12/30/2007

12/29/2010

AED

18.0

4.9

CBI Eastern Anstalt

G061808

Mashreq Bank

Jebel Ali Free Zone Authority

Labor

1/3/2008

1/2/2011

AED

100.0

27.2

CBI Eastern Anstalt

G061826

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

1/6/2008

1/5/2011

AED

6.0

1.6

CBI Eastern Anstalt

G061907

Mashreq Bank

Ministry of Labour & Social Affairs - Ajman

Labor

1/15/2008

1/14/2011

AED

9.0

2.5

CBI Eastern Anstalt

G062224

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

2/7/2008

9/7/2010

AED

6.0

1.6

CBI Eastern Anstalt

G062312

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

2/14/2008

9/13/2010

AED

9.0

2.5

CBI Eastern Anstalt

G062384

Mashreq Bank

Ministry of Labor & Social Affairs - Ajman

Labor

2/19/2008

9/18/2010

AED

3.0

0.8

CBI Eastern Anstalt

G062558

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

3/3/2008

9/2/2010

AED

6.0

1.6

CBI Eastern Anstalt

G062726

Mashreq Bank

Ministry of Labor & Social Affairs

Labor

3/12/2008

9/11/2010

AED

6.0

1.6

CBI Eastern Anstalt

G066639

Mashreq Bank

Enelpower S.P.A.

Advance

1/26/2009

7/26/2010

EUR

273.2

369.1

CBI Eastern Anstalt

G066781

Mashreq Bank

Emirates General Petroleum Corporation (EMARAT)

Performance

2/10/2009

6/6/2011

AED

8,502.6

2,315.0

CBI Eastern Anstalt

G066782

Mashreq Bank

Emirates General Petroleum Corporation (EMARAT)

Advance

2/10/2009

7/22/2010

AED

8,502.6

2,315.0

CBI Eastern Anstalt

G974

Qatar National Bank SAQ, London

Snamprogetti S.p.A.

Advance

5/8/2008

9/14/2011

USD

4,503.7

CBI Eastern Anstalt

G976

Qatar National Bank SAQ, London

Snamprogetti S.p.A.

Performance

5/8/2008

10/28/2013

EUR

545.2

736.6

CBI Eastern Anstalt

G977

Qatar National Bank SAQ, London

Snamprogetti S.p.A.

Performance

5/8/2008

10/28/2013

USD

7,150.0

CBI Eastern Anstalt

GCU/CG0704691

Standard Chartered Bank, Dubai

TR Offsites

Advance

9/9/2007

7/9/2010

USD

6,495.0

CBI Eastern Anstalt

GCU/CG0704692

Standard Chartered Bank, Dubai

TR Offsites

Performance

9/9/2007

8/31/2011

USD

4,330.0

CBI Eastern Anstalt

GT02/1999/0443 / DU1/CG9920443

Standard Chartered Bank, Dubai

Jebel Ali Free Zone Authority

Labor

9/1/1999

9/30/2010

AED

100.0

27.2

CBI Eastern Anstalt

GTE/GTY/01710312B / REB DOH 070250

HSBC Bank, Middle East

Qatar Shell GTL Limited

Tax Retention Bond

1/22/2007

9/30/2010

USD

1,216.6

CBI Eastern Anstalt

LA12751 / MEAE2AE07G501847

ABN AMRO Bank, N.V., Dubai

Jebel Ali Free Zone Authority

Labor

3/10/2005

9/9/2010

AED

50.0

13.6

CBI Eastern Anstalt

PEB/CCO/044089/B / PEB DOH 042531

HSBC Bank, Middle East

Qatar Fuel (WOQOD)

Performance

11/24/2004

8/31/2010

QAR

2,000.0

549.4

CBI Eastern Anstalt

PEB/CCO/061333/B / PEB DOH 061055

HSBC Bank, Middle East

Fluor Mideast Limited

Performance

4/3/2006

8/16/2011

USD

7,699.4

CBI Eastern Anstalt

PEB/CCO/510393/B

HSBC Bank, Middle East

Snamprogetti S.p.A.

Performance

9/28/2005

3/3/2011

USD

7,000.0

CBI Eastern Anstalt

PEB/GTY/0611743/B

HSBC Bank, Middle East

Qatar Shell GTL Limited

Performance

11/16/2006

9/30/2010

USD

38,930.3

CBI Eastern Anstalt

PEB/GTY/064693/B

HSBC Bank, Middle East

Eastern Bechtel Co. Ltd.

Performance

10/31/2006

12/31/2010

USD

240.5

CBI Eastern Anstalt

PEB/GTY/084089/B

HSBC Bank, Middle East

Eastern Bechtel Co. Ltd. (EBCL)

Performance

4/23/2008

4/30/2013

USD

39.3

CBI Eastern Anstalt

PPU/LA7801 / MEAE2AE07G501849

ABN AMRO Bank, N.V., Dubai

Jebel Ali Free Zone Authority

Labor

2/27/2001

7/27/2010

AED

50.0

13.6

CBI Eastern Anstalt

REB/GTY/080791/B / REB DOH 087011

HSBC Bank, Middle East

Qatar Shell GTL Limited

Tax Retention Bond

1/29/2008

9/30/2010

USD

4,625.0

CBI Eastern Anstalt

9973

Abu Dhabi International Bank, Inc.

Kuwait Paraxylene Production Company

Performance

6/8/2009

7/31/2010

USD

875.0

CBI Eastern Anstalt

9972

Abu Dhabi International Bank, Inc.

Kuwait Paraxylene Production Company

Performance

6/8/2009

7/30/2010

USD

875.0

CBI Eastern Anstalt

FNG GTY/081780/B & FNG DOH 087024

HSBC Bank, Middle East

Linde AG

Tax Bond

2/23/2008

7/23/2010

USD

141.4

CBI Eastern Anstalt

G067372

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

4/9/2009

9/8/2010

AED

24.0

6.5

CBI Eastern Anstalt

G067443

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

4/19/2009

9/18/2010

AED

27.0

7.4

CBI Eastern Anstalt

G067436

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

4/19/2009

9/18/2010

AED

30.0

8.2

CBI Eastern Anstalt

G067545

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

4/21/2009

9/20/2010

AED

150.0

40.8

CBI Eastern Anstalt

G067817

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor

5/18/2009

9/17/2010

AED

150.0

40.8

CBI Eastern Anstalt

G067857

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

5/21/2009

9/20/2010

AED

150.0

40.8

CBI Eastern Anstalt

G067881

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

5/24/2009

9/23/2010

AED

90.0

24.5

CBI Eastern Anstalt

G068194

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

6/21/2009

9/20/2010

AED

150.0

40.8

CBI Eastern Anstalt

G068236

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

6/23/2009

9/22/2010

AED

225.0

61.3

CBI Eastern Anstalt

G068235

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

6/23/2009

9/22/2010

AED

150.0

40.8

CBI Eastern Anstalt

GCU/CG0902515

Standard Chartered Bank, Dubai

Cabinda Gulf Oil Company, Ltd.

Performance

5/14/2009

12/31/2011

USD

2,699.3

CBI Eastern Anstalt

DU1/CGY304132

Standard Chartered Bank, Dubai

CBI Thailand

Performance

9/11/2003

9/19/2010

THB

80,000.0

2,473.7

CBI Eastern Anstalt

DU1/CGY304018

Standard Chartered Bank, Dubai

Standard Chartered Bank (Thai) PLC

Performance

9/4/2003

9/19/2010

USD

600.0

CBI Eastern Anstalt

10001

Abu Dhabi International Bank, Inc.

Abu Dhabi Gas Industries Ltd. (GASCO)

Advance

9/1/2009

8/28/2010

USD

52,680.4

CBI Eastern Anstalt

10000

Abu Dhabi International Bank, Inc.

Abu Dhabi Gas Industries Ltd. (GASCO)

Performance

9/1/2009

8/28/2010

USD

52,680.4

CBI Eastern Anstalt

G068464

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

7/13/2009

9/12/2010

AED

150.0

40.8

CBI Eastern Anstalt

G068786

Mashreq Bank

Ministry of Labor - Abu Dhabi

Labor Guarantee

8/10/2009

8/9/2010

AED

300.0

81.7

CBI Eastern Anstalt

AE/TEB/GTY/0966258/B

HSBC Bank, Middle East

Zakum Development Company (ZADCO)

Tender Bond

11/17/2009

9/2/2010

USD

500.0

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CBI Eastern Anstalt

G069946

Mashreq Bank

Star Energy Resources Ltd.

Retention

12/20/2009

1/20/2012

USD

771.2

CBI Eastern Anstalt

G069217

Mashreq Bank

Star Energy Resources Ltd.

Advance

10/8/2009

1/21/2011

USD

771.2

CBI Eastern Anstalt

G070330

Mashreq Bank

Abu Dhabi National Oil Company for Distribution

Financial

2/14/2010

1/25/2011

AED

160.0

43.6

CBI Eastern Anstalt — GES

G057128

Mashreq Bank

Ministry of Economy and Planning

Financial

1/28/2007

8/27/2010

AED

50.0

13.6

CBI Montajes de Chile, Limitada — GNL Quintero

715837056

Calyon Bank, New York

GNL Quintero S.A.

Retention

6/7/2007

9/20/2010

USD

46,508.1

CBI Overseas, LLC

90142 / 92784

HSBC Bank, Australia

Invista (Singapore) Pte. Ltd.

Warranty

8/24/2009

7/19/2010

USD

1,458.3

CBI/ST Limited [CBI Thailand Ltd.]

70228 / 74737

HSBC Bank, Australia

Star Petroleum Refining Company Limited

Performance

12/19/2007

10/30/2010

THB

27,321.0

844.8

CBI/ST Limited [CBI Thailand Ltd.]

70229 / 74736

HSBC Bank, Australia

Star Petroleum Refining Company Limited

Performance

12/19/2007

10/30/2010

USD

30.2

Chicago Bridge & Iron Company (Illinois)

EBI-PFG-0200344

Emirates Bank International

Saudi Arabian Oil Company

Performance

2/19/2002

7/1/2010

USD

5,786.1

Chicago Bridge & Iron Company N.V.

731337018

Calyon Bank, New York

HSBC Bank USA, N.A.

Financial

11/9/2007

3/28/2011

USD

4,361.0

Chicago Bridge & Iron Company N.V.

005637027

Calyon Bank, New York

Skandinaviska Enskilda Banken

Financial

2/25/2010

12/30/2010

USD

5,325.4

Lummus Novolen Technology GmbH

FHGAV08077000200

Commerzbank AG

IVG, Frankfurt/M, Germany

Financial

3/17/2008

3/31/2015

EUR

106.8

144.3

Lummus Novolen Technology GmbH

2004.010.814

ING Bank

China Petrochemical International Co. Ltd.

Advance

11/25/2004

10/31/2010

USD

345.9

Lummus Novolen Technology GmbH

2006.008.086

ING Bank

National Petrochemical Industrial Company

Advance

9/13/2006

7/30/2011

USD

2,833.0

Lummus Novolen Technology GmbH

2006.009.800

ING Bank

Shenhua Ningxia Coal Industry Group Ltd.

Performance

11/2/2006

2/14/2013

USD

1,795.0

Lummus Novolen Technology GmbH

2006.009.804

ING Bank

Shenhua Ningxia Coal Industry Group Ltd.

Performance

11/2/2006

2/15/2013

USD

1,673.0

Lummus Novolen Technology GmbH

2009.002.607

ING Bank

Brahmaputra Cracker and Polymer Limited

Performance

4/10/2009

4/1/2010

EUR

320.0

432.3

Lummus Novolen Technology GmbH

2009.002.608

ING Bank

Brahmaputra Cracker and Polymer Limited

Performance

4/10/2009

4/30/2014

EUR

240.0

324.2

Lummus Technology Heat Transfer B.V.

06G111609

ABN AMRO Bank, N.V., Rotterdam

Shell Eastern Petroleum (pte) Ltd, Singapore

Performance

9/21/2006

5/30/2011

EUR

7,000.0

9,457.0

Lummus Technology Heat Transfer B.V.

07G113682

ABN AMRO Bank, N.V., Rotterdam

NEM bv, Leiden, The Netherlands

Performance

2/8/2007

8/17/2011

EUR

860.9

1,163.1

Lummus Technology Heat Transfer B.V.

504BGA0700054

Deutsche Bank AG

Larsen & Toubro Ltd.

Performance

1/22/2007

8/9/2011

EUR

282.0

381.0

Lummus Technology Heat Transfer B.V.

504BGA0700056

Deutsche Bank AG

Larsen & Toubro Ltd.

Performance

1/22/2007

8/9/2011

EUR

2,473.0

3,341.0

Lummus Technology Heat Transfer B.V.

2009.000.557

ING Bank

OAO “Nizhnekamskneftekhim” NKNK, 4600008320 Supply

Performance

2/5/2009

6/22/2011

EUR

2,850.0

3,850.4

Lummus Technology Heat Transfer B.V.

09G830385

ABN AMRO Bank, N.V., Rotterdam

Shell Nederland Raffinaderij B.V.

Advance

9/16/2009

7/28/2010

EUR

242.0

326.9

Lummus Technology Heat Transfer B.V.

09G830386

ABN AMRO Bank, N.V., Rotterdam

Shell Nederland Raffinaderij B.V.

Performance

9/17/2009

7/28/2013

EUR

242.0

326.9

Lummus Technology Heat Transfer B.V.

FRWAV70029860101

Commerzbank AG

Shell Nederland Chemie B.V.

Performance

11/23/2007

11/11/2010

EUR

1,981.5

2,677.0

Lummus Technology Heat Transfer B.V.

10G831506

ABN AMRO Bank, N.V., Rotterdam

Shell Nederland Raffinaderij B.V.

Payment

1/8/2010

6/28/2010

EUR

726.0

980.8

Lummus Technology Heat Transfer B.V.

10G831493

ABN AMRO Bank, N.V., Rotterdam

Brahmaputra Cracker and Polymer Limited

Bid Proposal

1/9/2010

10/20/2010

USD

106.4

Lummus Technology Heat Transfer B.V.

2009.007.959

ING Bank

Samsung Engineering Co. Ltd.

Maintenance

2/12/2010

11/29/2011

USD

576.0

Lummus Technology Heat Transfer B.V.

10G832254

ABN AMRO Bank, N.V., Rotterdam

Technidas Reunidas Jubail Refinery

Performance

3/30/2010

7/12/2011

EUR

1,544.4

2,086.5

Lummus Technology, Inc.

730637048

Calyon Bank, New York

Chevron Corporation

Performance

11/2/2007

2/7/2011

USD

450.0

Lummus Technology, Inc.

730637050

Calyon Bank, New York

Chevron Corporation

Performance

11/2/2007

8/17/2011

USD

204.5

Lummus Technology, Inc.

55575609626

Skandinaviska Enskilda Banken

China Petrochemical International Co., Ltd.

Performance

11/16/2004

10/31/2010

USD

400.5

Lummus Technology, Inc.

55575609634

Skandinaviska Enskilda Banken

China Petrochemical International Co., Ltd.

Performance

11/16/2004

10/31/2010

USD

82.2

Lummus Technology, Inc.

55575635678

Skandinaviska Enskilda Banken

PT Pertamina (PERSERO)

Performance

1/23/2007

4/25/2014

USD

242.5

Lummus Technology, Inc.

55575635686

Skandinaviska Enskilda Banken

PT Pertamina (PERSERO)

Performance

1/23/2007

4/25/2014

USD

275.0

Lummus Technology, Inc.

55575638820

Skandinaviska Enskilda Banken

CPC Corporation

Performance

4/16/2007

3/27/2013

USD

1,342.0

Lummus Technology, Inc.

55575640086

Skandinaviska Enskilda Banken

Kuwait National Petroleum Company (K.S.C.)

Performance

5/25/2007

11/30/2014

KWD

281.9

976.5

Lummus Technology, Inc.

55575643492

Skandinaviska Enskilda Banken

Nefjtanaya Compania Rosneft Inn

Performance

7/30/2007

7/30/2011

USD

105.0

Lummus Technology, Inc.

55575644901

Skandinaviska Enskilda Banken

Shanghai SECCO Petrochemical Company Ltd.

Performance

9/13/2007

10/31/2010

USD

795.0

Lummus Technology, Inc.

55575648990

Skandinaviska Enskilda Banken

(blank)

Performance

12/11/2007

4/12/2012

USD

1,104.5

Lummus Technology, Inc.

777-52-0067696-L

Standard Chartered Bank, New York

Shanghai SECCO Petrochemical Company Ltd.

Performance

8/28/2008

12/31/2011

USD

945.0

Lummus Technology, Inc.

777-52-0073590-L

Standard Chartered Bank, New York

IRPC Public Company Limited

Performance

3/12/2009

7/11/2011

USD

385.0

Lummus Technology, Inc.

9963

Abu Dhabi International Bank, Inc.

Kuwait National Petroleum Company (K.S.C.)

Performance

5/20/2009

12/14/2014

KWD

281.9

976.5

Lummus Technology, Inc.

AEPEBGTY0960816B

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Performance

5/18/2009

12/31/2012

USD

1,700.0

Lummus Technology, Inc.

AEAPGGTY0962956B

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Advance

7/13/2009

4/13/2010

USD

446.3

Lummus Technology, Inc.

AEAPGGTY0962957B

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Advance

7/13/2009

4/13/2010

EUR

115.5

156.0

Lummus Technology, Inc.

AEPEBGTY0962962B

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Performance

7/13/2009

12/31/2013

USD

212.5

Lummus Technology, Inc.

AEPEBGTY0962961B

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Performance

7/13/2009

12/31/2013

EUR

357.5

483.0

Lummus Technology, Inc.

AETEBGTY0965616B / 095195

HSBC Bank, Middle East

Gulf of Suez Petroleum Company (GUPCO)

Tender

10/25/2009

4/1/2010

USD

11.0

Lummus Technology, Inc.

HOU/S/06272

Riyad Bank, Houston

Direct Reduction Iron Company, Ltd.

Advance

12/23/2009

7/30/2010

USD

988.0

Lummus Technology, Inc.

AETEBGTY1068889B / TEB BAF 100229

HSBC Bank, Middle East

Oman Refineries and Petrochemicals Company

Tender

3/3/2010

6/6/2010

OMR

13.5

35.1

Lummus Technology, Inc.

AEAPGGTY1068810B / GTEALX100158

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Advance

2/23/2010

12/31/2011

USD

165.0

Lummus Technology, Inc.

AEPEBGTY1068808B / GTEALX100159

HSBC Bank, Middle East

Sidi Kerir Petrochemicals Co. (SIDPEC)

Performance

2/23/2010

12/31/2013

USD

82.5

Lummus Technology, Inc.

09G830644

ABN AMRO Bank, N.V., Rotterdam

Haldia Petrochemicals

Performance

3/30/2010

6/6/2010

EUR

562.0

759.2

Lummus Technology, Inc. — Heat Transfer Division

504BGA0801187

Deutsche Bank AG

JGC Corporation

Performance

9/18/2008

12/14/2012

USD

14,576.8

Netherlands Operating Company, B.V.

09G823909

ABN AMRO Bank, N.V., Rotterdam

Nagarjuna Oil Corporation Limited (NOCL)

Advance

1/21/2009

8/30/2011

EUR

393.0

530.9

Netherlands Operating Company, B.V.

09G824798

ABN AMRO Bank, N.V., Rotterdam

Nagarjuna Oil Corporation Limited (NOCL)

Advance

5/7/2009

5/30/2013

EUR

450.0

608.0

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

Oasis Supply Company Anstalt

PEB/GTY/0752152/B

HSBC Bank, Middle East

Hyundai Engineering & Construction Co. Ltd.

Performance

5/10/2007

4/18/2010

USD

978.0

Oasis Supply Company Anstalt

GCU/CG0904800

Standard Chartered Bank, Dubai

Outotec GmbH

Warranty

8/20/2009

8/1/2011

USD

530.7

Pacific Rim Material Supply Company, Ltd.

80010

HSBC Bank, Australia

Star Petroleum Refining Company

Performance

1/11/2008

10/30/2010

USD

331.3

Pacific Rim Material Supply Company, Ltd. — Fujian

10847 AA 00022

De Nationale Borg

Emmanuel Cotessat-Societe D’Advocats

Tax Guarantee

11/16/2005

7/15/2010

EUR

50.0

67.6

Pacific Rim Material Supply Company, Ltd. — Fujian

DU1/CG0505797

Standard Chartered Bank, Dubai

CNOOC Fujian LNG Co. Ltd.

Performance

12/19/2005

12/19/2012

USD

6,850.0

Pacific Rim Material Supply Company, Ltd. — Fujian

PEBPTH050060

HSBC Bank, Australia

CNOOC Fujian LNG Co. Ltd.

Performance

6/10/2005

9/17/2010

USD

5,012.7

Southern Tropic Material Supply Company, Ltd.

715837055

Calyon Bank, New York

GNL Quintero S.A.

Retention

6/7/2007

9/20/2010

USD

33,418.0

Bi-Lat Utilization

719,094.9

CBI Peruana, SAC

302638-2

JPMorgan Chase Bank, N.A.

Peru LNG S.R.L.

(blank)

1/2/2007

10/14/2011

USD

50,000.0

CBI Peruana, SAC

3086074

Bank of America, N.A.

Peru LNG S.R.L.

Performance

12/29/2006

10/14/2011

USD

81,250.0

CBI Peruana, SAC

302638-1

JPMorgan Chase Bank, N.A.

Peru LNG S.R.L.

Performance

1/2/2007

10/14/2011

USD

18,750.0

CB&I, Inc.

256940

JPMorgan Chase Bank, N.A.

Golden Pass LNG Terminal L.P.

Performance

11/6/2006

7/13/2012

USD

18,572.1

CB&I, Inc.

3083786

Bank of America, N.A.

Golden Pass LNG Terminal L.P.

Performance

8/18/2006

3/17/2012

USD

73,899.0

CB&I, Inc.

3083788

Bank of America, N.A.

Golden Pass LNG Terminal L.P.

Performance

8/18/2006

7/13/2012

USD

26,101.0

Chicago Bridge & Iron Company (Delaware)

SLT321426

JPMorgan Chase Bank, N.A.

Financial

5/29/2001

8/31/2010

USD

2,000.0

Chicago Bridge & Iron Company (Delaware)

SLT751064

JPMorgan Chase Bank, N.A.

Continental Casualty Company

Financial

2/1/2003

2/1/2011

USD

3,030.0

Chicago Bridge & Iron Company N.V.

286175

JPMorgan Chase Bank, N.A.

Zurich American Insurance Company

Financial

12/27/2006

10/24/2011

USD

915.0

Credit-Linked Utilization

274,517.1

Arabian CBI Ltd.

533636030

Calyon Bank, New York

Samsung Saudi Arabia, Ltd.

Performance

12/2/2005

4/3/2010

SAR

5,268.8

1,404.9

Catalytic Distillation Technologies

537709

JPMorgan Chase Bank, N.A.

Refineria de Cartagena, S.A.

Performance

8/7/2008

4/28/2010

USD

383.6

Catalytic Distillation Technologies

91905431

BNP Paribas, San Francisco

Petroquimica Morelos, S.A. de C.V.

Performance

11/19/2008

8/31/2010

USD

117.5

CB&I UK Limited

323904

JPMorgan Chase Bank, N.A.

GNL Quintero, S.A.

Performance

4/17/2007

9/20/2010

USD

8,725.9

CB&I, Inc.

338560

JPMorgan Chase Bank, N.A.

Southern LNG, Inc.

Performance

6/27/2007

8/9/2013

USD

19,608.3

CB&I, Inc.

538322

JPMorgan Chase Bank, N.A.

SK Energy Co., Ltd.

Performance

12/16/2008

4/21/2010

USD

54.4

CB&I, Inc.

538418

JPMorgan Chase Bank, N.A.

Marathon Petroleum Company, LLC

Retention

12/22/2008

3/31/2010

USD

746.3

CB&I, Inc.

539063

JPMorgan Chase Bank, N.A.

Flint Hills Resources, L.P.

Retention

2/13/2009

2/1/2011

USD

9,100.0

CB&I, Inc.

SLT410872

JPMorgan Chase Bank, N.A.

Dominion Cove Point LNG, L.P.

Performance

1/5/2005

4/30/2010

USD

24,107.5

CB&I, Inc.

522875

JPMorgan Chase Bank, N.A.

ConocoPhillips Company

Performance

9/23/2009

3/31/2011

USD

4,154.3

CB&I, Inc.

538976

JPMorgan Chase Bank, N.A.

Chevron Products Company

Performance

2/17/2009

8/1/2011

USD

1,000.0

CB&I, Inc.

S30654T

Compass Bank, N.A.

Pluspetrol Peru Corporation, S.A.

Advance

12/10/2009

12/10/2010

USD

16,500.0

CB&I, Inc.

523508

JPMorgan Chase Bank, N.A.

GS Caltex Corporation

Retention

1/7/2010

6/30/2011

USD

591.4

CB&I, Inc.

523509

JPMorgan Chase Bank, N.A.

GS Caltex Corporation

Retention

1/7/2010

6/30/2011

USD

574.0

CB&I, Inc.

523510

JPMorgan Chase Bank, N.A.

GS Caltex Corporation

Retention

1/7/2010

1/31/2011

USD

574.0

CB&I, Inc.

523751

JPMorgan Chase Bank, N.A.

WRB Refining LLC

Performance

2/19/2010

3/15/2011

USD

10,295.4

CB&I, Inc.

523850

JPMorgan Chase Bank, N.A.

WRB Refining LLC

Performance

2/19/2010

8/31/2011

USD

888.7

CB&I, Inc.

523851

JPMorgan Chase Bank, N.A.

Daelim Industrial Co. Ltd.

Performance

3/25/2010

5/31/2011

USD

202.8

CBI Americas Ltd.

284899

JPMorgan Chase Bank, N.A.

Refineria de Cartagena, S.A.

Performance

1/7/2008

5/31/2010

USD

8,000.0

CBI Americas Ltd.

3086807

Bank of America, N.A.

Petroleum Company of Trinidad and Tobago Limited

Performance

2/16/2007

1/15/2011

USD

1,600.0

CBI Americas Ltd.

522874

JPMorgan Chase Bank, N.A.

Petroterminal de Panama, S.A.

Performance

9/29/2009

9/30/2011

USD

21,892.5

CBI Americas Ltd.

91912497

BNP Paribas, San Francisco

Bariven S.A. c/o PDVSA Services, B.V.

Performance

1/14/2010

3/31/2010

USD

1,284.6

CBI Americas Ltd.

523542

JPMorgan Chase Bank, N.A.

Refineria Texaco de Honduras

Performance

1/8/2010

5/31/2010

USD

81.9

CBI Company, Ltd.

91909231

BNP Paribas, San Francisco

Pueblo Viejo Dominicana Corporation

Performance

7/10/2009

5/1/2010

USD

44.0

CBI Constructors Pty. Limited

91910522

BNP Paribas, San Francisco

Chevron Australia Pty. Ltd.

Retention

9/28/2009

9/29/2010

AUD

64,814.2

59,447.6

CBI Constructors Pty. Limited-Ecuador Branch

3098867

Bank of America, N.A.

Flota Petrolera Ecuatoriana (FLOPEC)

Performance

3/12/2009

3/11/2011

USD

2,487.5

CBI Constructors Pty. Limited-Ecuador Branch

3098909

Bank of America, N.A.

Flota Petrolera Ecuatoriana (FLOPEC)

Performance

4/16/2009

11/30/2010

USD

12,087.1

CBI Montajes de Chile, Limitada — GNL Quintero

323907

JPMorgan Chase Bank, N.A.

GNL Quintero, S.A.

Performance

4/17/2007

9/20/2010

USD

46,508.1

CBI Montajes de Chile, Limitada — GNL Quintero

S29873T

Compass Bank, N.A.

Abastecedora de Combustible, S.A.

Performance

12/17/2008

3/28/2011

6.2

248.2

CBI Montajes de Chile, Limitada — GNL Quintero

S30706T

Compass Bank, N.A.

Compania de Petroleos de Chile

Advance

1/27/2010

8/3/2010

4.8

190.6

CBI Montajes de Chile, Limitada — GNL Quintero

S30708T

Compass Bank, N.A.

Compania de Petroleos de Chile

Advance

1/26/2010

1/3/2011

2.4

95.3

CBI Montajes de Chile, Limitada — GNL Quintero

S30709T

Compass Bank, N.A.

Compania de Petroleos de Chile

Advance

1/26/2010

2/20/2011

8.1

322.9

CBI Montajes de Chile, Limitada — GNL Quintero

S30713T

Compass Bank, N.A.

Compania de Petroleos de Chile

Advance

1/26/2010

9/20/2010

16.2

645.9

CBI Montajes de Chile, Limitada — GNL Quintero

S30732T

Compass Bank, N.A.

Empresa Constructora Belfi, S.A.

Advance

2/10/2010

2/20/2011

21.2

846.2

CBI Montajes de Chile, Limitada — GNL Quintero

S30733T

Compass Bank, N.A.

Empresa Constructora Belfi, S.A.

Advance

2/10/2010

2/20/2011

13.2

526.7

CBI Services, Inc.

578919

JPMorgan Chase Bank, N.A.

Shaw Constructors, Inc.

Advance

6/24/2008

4/30/2010

USD

1,913.9

Value in

Currency of

Entity Name

LC Number

Issued By

Beneficiary

Purpose

Effective Date

Expiry Date

CCY

Issue

Value in USD

CBI Services, Inc.

537891

JPMorgan Chase Bank, N.A.

Duke Energy Indiana, Inc.

Performance

6/11/2009

6/30/2011

USD

900.0

CBI Services, Inc.

523047

JPMorgan Chase Bank, N.A.

UGI LNG, Inc.

Performance

10/21/2009

4/19/2011

USD

22,000.0

Chicago Bridge & Iron Company (Delaware)

DTNLFS600248

ING Bank

Staatsolie Maatschappij Suriname N.V.

Bid

2/11/2010

6/23/2010

USD

10,000.0

Chicago Bridge & Iron Company N.V.

SLT750105

JPMorgan Chase Bank, N.A.

National Union Fire Insurance Co. of Pittsburgh, PA

Financial

10/22/2001

1/31/2011

USD

4,436.8

Chicago Bridge Uruguay S.A.

S29089T

Compass Bank, N.A.

Administracion Nacional de Combustibles, Alcohol

Performance

6/18/2008

2/15/2011

USD

823.0

Constructora C.B.I. Limitada

255306

JPMorgan Chase Bank, N.A.

Ingeneria y Construccion SIGDO Koppers S.A.

Performance

11/21/2007

10/5/2011

USD

150.0

CSA Trading Company Ltd.

538323

JPMorgan Chase Bank, N.A.

Petroterminal de Panama, S.A.

Performance

11/14/2008

7/15/2010

USD

6,326.3

CSA Trading Company Ltd.

3086808

Bank of America, N.A.

Petroleum Company of Trinidad and Tobago Limited

Performance

2/16/2007

1/15/2011

USD

4,900.0

CSA Trading Company Ltd.

91911955

BNP Paribas, San Francisco

Pueblo Viejo Dominicana Corporation

Performance

12/18/2009

12/15/2010

USD

88.0

CSA Trading Company Ltd.

S30714T

Compass Bank, N.A.

Empresa Constructora Belfi, S.A.

Advance

1/26/2010

10/7/2010

USD

3,021.1

Horton CBI, Limited

578867

JPMorgan Chase Bank, N.A.

Terasen Gas, Inc.

Retention

4/25/2008

2/1/2011

CAD

9,181.9

9,043.5

Horton CBI, Limited

578918

JPMorgan Chase Bank, N.A.

Sturgeon County

Performance

5/13/2008

7/1/2010

CAD

229.8

226.3

Horton CBI, Limited

649901

JPMorgan Chase Bank, N.A.

Bear Head LNG c/o Anadarko Petroleum Corp

Performance

8/29/2005

8/29/2010

USD

1,518.9

Horton CBI, Limited

523305

JPMorgan Chase Bank, N.A.

Imperial Oil Resources Ventures Limited

Performance

1/15/2010

4/30/2010

CAD

6,422.0

6,325.2

Howe-Baker Engineers, Ltd.

253550

JPMorgan Chase Bank, N.A.

Cabinda Gulf Oil Company, Ltd.

Performance

4/10/2006

12/1/2010

USD

32,469.5

Lummus Novolen Technology GmbH

538419

JPMorgan Chase Bank, N.A.

Petrochina International Co., Ltd.

Performance

12/19/2008

8/15/2010

USD

97.5

Lummus Novolen Technology GmbH

91902181

BNP Paribas, San Francisco

Guru Gobind Singh Refinery, India

Performance

5/23/2008

10/6/2011

EUR

683.0

922.7

Lummus Novolen Technology GmbH

91912121

BNP Paribas, San Francisco

Engineers of India Limited

Performance

12/23/2009

3/19/2011

EUR

438.0

591.7

Lummus Technology, Inc.

537710

JPMorgan Chase Bank, N.A.

Refineria de Cartagena, S.A.

Performance

8/7/2008

9/1/2010

USD

757.5

Lummus Technology, Inc.

577749

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

1/14/2008

9/13/2010

USD

378.0

Lummus Technology, Inc.

577792

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

1/14/2008

9/13/2010

USD

303.0

Lummus Technology, Inc.

578866

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

4/28/2008

12/30/2010

USD

1,092.0

Lummus Technology, Inc.

91901292

BNP Paribas, San Francisco

Guru Gobind Singh Refinery, India

Performance

3/5/2008

9/1/2011

USD

606.0

Lummus Technology, Inc.

91903105

BNP Paribas, San Francisco

Mangalore Refinery and Petrochemical Ltd

Performance

7/2/2008

10/6/2011

USD

385.1

Lummus Technology, Inc.

91904072

BNP Paribas, San Francisco

PEMEX Refinacion

Performance

9/4/2008

8/31/2010

USD

159.5

Lummus Technology, Inc.

537711

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

6/19/2009

12/9/2010

USD

619.0

Lummus Technology, Inc.

91909336

BNP Paribas, San Francisco

Brahmaputra Cracker and Polymer Limited

Performance

7/17/2009

6/21/2010

USD

670.0

Lummus Technology, Inc.

91909335

BNP Paribas, San Francisco

Brahmaputra Cracker and Polymer Limited

Performance

7/17/2009

6/26/2010

EUR

218.9

295.7

Lummus Technology, Inc.

91909337

BNP Paribas, San Francisco

Brahmaputra Cracker and Polymer Limited

Performance

7/17/2009

6/14/2011

USD

252.5

Lummus Technology, Inc.

522184

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Warranty

7/17/2009

12/9/2010

USD

654.3

Lummus Technology, Inc.

522625

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

8/21/2009

1/18/2011

USD

16.7

Lummus Technology, Inc.

522656

JPMorgan Chase Bank, N.A.

Shanghai SECCO Petrochemical Company Ltd.

Performance

8/21/2009

1/18/2011

USD

16.7

Lummus Technology, Inc.

523214

JPMorgan Chase Bank, N.A.

PTT Chemical Public Company Limited

Performance

11/20/2009

8/19/2011

USD

644.0

Lummus Technology, Inc.

523215

JPMorgan Chase Bank, N.A.

PTT Chemical Public Company Limited

Performance

11/20/2009

8/19/2011

USD

1,095.0

Lummus Technology, Inc.

523304

JPMorgan Chase Bank, N.A.

China National Chemical Construction Shaanxi Import & Export Company

Performance

12/23/2009

1/3/2011

USD

763.5

Lummus Technology, Inc.

523511

JPMorgan Chase Bank, N.A.

Jilin Chemical Industries Import and Export Company

Performance

1/22/2010

10/29/2010

USD

914.5

Lummus Technology, Inc.

523750

JPMorgan Chase Bank, N.A.

CNPC Materials Company

Performance

2/4/2010

11/1/2010

USD

444.1

Lummus Technology, Inc. — Heat Transfer Division

522657

JPMorgan Chase Bank, N.A.

CTCI Corporation

Advance

9/10/2009

7/15/2011

USD

4,270.0

Lummus Technology, Inc. — Heat Transfer Division

523543

JPMorgan Chase Bank, N.A.

Samsung Total Petrochemicals Co. Ltd.

Performance

2/2/2010

2/9/2011

USD

119.0

Oceanic Contractors, Inc.

91913099

BNP Paribas, San Francisco

Pluspetrol Peru Corporation, S.A.

Performance

2/19/2010

2/23/2011

USD

45.0

Southern Tropic Material Supply Company, Ltd.

323901

JPMorgan Chase Bank, N.A.

GNL Quintero, S.A.

Performance

4/17/2007

9/20/2010

USD

33,418.0

Woodlands International Insurance Company Limited

246955

JPMorgan Chase Bank, N.A.

Zurich American Insurance Company

Financial

3/22/2006

3/31/2010

USD

23,100.0

432,111.8

Foreign Currency Adjustment

2,434.0

Revolver Utilization

434,545.8

Total Utilization

1,428,157.8

Schedule 1.1.4 — Permitted Existing Contingent Obligations
Consolidated Surety Bonds
As of March 31, 2010

CBI COMPANY

BOND NUMBER

BENEFICIARY

PURPOSE

ISSUE DATE

EXPIRY DATE

VALUE IN USD

CB&I CONSTRUCTORS, INC.

58660871

BOARD OF WATER COMMISSIONERS FOR THE

Performance & Payment

22-Dec-08

15-Feb-11

9,835,000

CB&I CONSTRUCTORS, INC.

58663553

TANGIPAHOA WATER DISTRICT

Performance & Payment

01-May-09

01-Apr-10

1,189,000

CB&I CONSTRUCTORS, INC.

58633479

STATE OF WYOMING

Wage & Welfare

03-Apr-09

03-Apr-10

16,000

CB&I CONSTRUCTORS, INC.

CMS226330

CALVERT COUNTY DEPARTMENT OF PUBLIC

License & Permit

17-Apr-09

17-Apr-10

136,802

CB&I CONSTRUCTORS, INC.

58660882

CITY OF MIDWEST CITY

Performance & Payment

20-Feb-09

20-Apr-10

1,073,330

CB&I CONSTRUCTORS, INC.

CMS242762

STATE OF MISSISSIPPI

License & Permit

22-Apr-09

22-Apr-10

147,595

CB&I CONSTRUCTORS, INC.

CMS242763

STATE OF MISSISSIPPI

License & Permit

22-Apr-09

22-Apr-10

257,880

CB&I CONSTRUCTORS, INC.

K07443936

STATE OF NEVADA

License & Permit

22-Apr-09

22-Apr-10

20,000

CB&I CONSTRUCTORS, INC.

141202

CITY OF AMES

Performance & Payment

04-Jan-10

01-May-10

53,000

CB&I CONSTRUCTORS, INC.

82161482

CENTERPOINT GARDEN CITY, LLC

Performance & Payment

15-Jul-09

01-May-10

1,064,927

CB&I CONSTRUCTORS, INC.

CMS242765

WAYNE COUNTY DEPARTMENT OF

License & Permit

08-May-09

08-May-10

1,500

CB&I CONSTRUCTORS, INC.

K07443985

ROAD COMMISSION FOR OAKLAND COUNTY

License & Permit

24-May-09

24-May-10

2,000

CB&I CONSTRUCTORS, INC.

58660889

CITY OF MCCOMB, MS

Performance & Payment

25-Mar-09

25-May-10

1,813,000

CB&I CONSTRUCTORS, INC.

CMS226331

CALVERT COUNTY DEPARTMENT OF PUBLIC

License & Permit

01-Jun-09

01-Jun-10

102,175

CB&I CONSTRUCTORS, INC.

58665760

CITY OF CAMERON

Performance & Payment

12-Aug-09

01-Jun-10

1,246,000

CB&I CONSTRUCTORS, INC.

141151

CITY OF WAMEGO

Performance & Payment

22-Sep-09

10-Jun-10

917,000

CB&I CONSTRUCTORS, INC.

K08232714

COTUIT WATER DEPARTMENT

Performance & Payment

01-Dec-08

30-Jun-10

1,635,500

CB&I CONSTRUCTORS, INC.

K08031149

STATE OF NEW MEXICO

License & Permit

01-Jul-09

01-Jul-10

10,000

CB&I CONSTRUCTORS, INC.

K08233159

CITY OF NACOGDOCHES, TX

Performance & Payment

05-May-09

14-Jul-10

1,233,000

CB&I CONSTRUCTORS, INC.

82138259

KING GEORGE COUNTY SERVICE AUTHORITY

Performance & Payment

15-May-08

15-Jul-10

1,488,000

CB&I CONSTRUCTORS, INC.

K08233251

CITY OF MARYSVILLE, KANSAS

Performance & Payment

15-May-09

15-Jul-10

1,009,000

CB&I CONSTRUCTORS, INC.

K08031186

CITY OF GONZALES, LA

License & Permit

18-Jul-09

18-Jul-10

5,000

CB&I CONSTRUCTORS, INC.

K08031216

STATE OF LOUISIANA

License & Permit

28-Jul-09

28-Jul-10

116,950

CB&I CONSTRUCTORS, INC.

58656313

MARSHALLTOWN WATER WORKS

Performance & Payment

31-Oct-08

31-Jul-10

1,259,000

CB&I CONSTRUCTORS, INC.

58663552

HAMMOND WATER DISTRICT

Performance & Payment

01-Jun-09

01-Aug-10

1,971,000

CB&I CONSTRUCTORS, INC.

58663576

DIRECTOR OF FINANCE, HOWARD COUNTY, MD

Performance & Payment

01-Aug-09

01-Aug-10

1,723,660

CB&I CONSTRUCTORS, INC.

82154883

VILLAGE OF OSWEGO

Performance & Payment

01-Apr-09

01-Aug-10

2,769,000

CB&I CONSTRUCTORS, INC.

58618537

CITY OF AUBURN, ALABAMA

License & Permit

04-Aug-09

04-Aug-10

5,000

CB&I CONSTRUCTORS, INC.

58663554

MARSHFIELD UTILITIES

Performance & Payment

15-Jun-09

15-Aug-10

1,341,000

CB&I CONSTRUCTORS, INC.

K07445076

STATE OF MISSISSIPPI

License & Permit

17-Aug-09

17-Aug-10

43,645

CB&I CONSTRUCTORS, INC.

81558756

JACOBS ENGINEERING AS AGENT FOR FLINT

Payment

23-Aug-09

23-Aug-10

264,008

CB&I CONSTRUCTORS, INC.

82154836

CITY OF ST. JOSEPH

Performance & Payment

01-Sep-08

26-Aug-10

2,867,000

CB&I CONSTRUCTORS, INC.

58663575

GREENVILLE SANITARY DISTRICT

Performance & Payment

30-Jun-09

30-Aug-10

1,810,000

CB&I CONSTRUCTORS, INC.

58663561

CITY OF HIGH POINT

Performance & Payment

30-Jun-09

31-Aug-10

2,862,000

CB&I CONSTRUCTORS, INC.

82154854

CITY OF DUBLIN

Performance & Payment

03-Nov-08

03-Sep-10

4,528,000

CB&I CONSTRUCTORS, INC.

CMS242774

STATE OF MISSISSIPPI

License & Permit

09-Sep-09

09-Sep-10

54,145

CB&I CONSTRUCTORS, INC.

CMS242775

STATE OF MISSISSIPPI

License & Permit

09-Sep-09

09-Sep-10

55,405

CB&I CONSTRUCTORS, INC.

58663569

CITY OF WYOMING

Performance & Payment

01-Jun-09

15-Sep-10

859,000

CB&I CONSTRUCTORS, INC.

82161453

CITY OF PEARL

Performance & Payment

15-Jun-09

15-Sep-10

1,547,000

CB&I CONSTRUCTORS, INC.

58663566

CITY OF ARLINGTON TEXAS

Performance & Payment

21-May-09

21-Sep-10

3,231,000

CB&I CONSTRUCTORS, INC.

141172

CITY OF MENDOTA, IL

Performance & Payment

15-Nov-09

01-Oct-10

1,660,000

CB&I CONSTRUCTORS, INC.

58618541

STATE OF CALIFORNIA

License & Permit

04-Oct-09

04-Oct-10

12,500

CB&I CONSTRUCTORS, INC.

TB6389

DILLINGHAM-RAY WILSON

Judicial

09-Oct-09

09-Oct-10

261,721

CB&I CONSTRUCTORS, INC.

141148

CITY OF ALAMOSA

Performance & Payment

18-Sep-09

15-Oct-10

2,227,000

CB&I CONSTRUCTORS, INC.

82154866

CITY OF OREGON, OH

Performance & Payment

31-Dec-08

15-Oct-10

3,427,200

CB&I CONSTRUCTORS, INC.

K07444400

COUNTY OF PORTER AND ALL CITIES AND

License & Permit

16-Oct-09

16-Oct-10

5,000

CB&I CONSTRUCTORS, INC.

82168390

TEICHERT CONSTRUCTION

Performance & Payment

03-Aug-09

25-Oct-10

792,400

CB&I CONSTRUCTORS, INC.

K08309826

THE CITY OF RIPON, CA

Maintenance Bond

31-Oct-09

31-Oct-10

100,000

CB&I CONSTRUCTORS, INC.

142641

STOUGHTON UTILITIES

Performance & Payment

28-Sep-09

31-Oct-10

1,239,500

CB&I CONSTRUCTORS, INC.

141160

VILLAGE OF FRANKFORT

Performance & Payment

01-Nov-09

01-Nov-10

2,259,000

CB&I CONSTRUCTORS, INC.

141176

IOWA REGIONAL UTILITIES ASSOCIATION, D/B/A

Performance & Payment

30-Nov-09

01-Nov-10

839,000

CB&I CONSTRUCTORS, INC.

141194

IOWA REGIONAL UTILITIES ASSOCIATION, D/B/A

Performance & Payment

18-Dec-09

01-Nov-10

1,098,000

CB&I CONSTRUCTORS, INC.

58660886

CHARTER TOWNSHIP OF VAN BUREN

Performance & Payment

01-Mar-09

01-Nov-10

5,183,000

CB&I CONSTRUCTORS, INC.

K08309747

TOWN OF CHESAPEAKE BEACH

Performance & Payment

04-Sep-09

01-Nov-10

1,939,330

CB&I CONSTRUCTORS, INC.

141203

CITY OF WICHITA WATER UTILITIES

Performance & Payment

04-Jan-10

04-Nov-10

6,233,000

CB&I CONSTRUCTORS, INC.

82135079

INDUSTRIAL DEVELOPMENT INTERNATIONAL,

Performance & Payment

01-Oct-07

07-Nov-10

1,238,050

CBI COMPANY

BOND NUMBER

BENEFICIARY

PURPOSE

ISSUE DATE

EXPIRY DATE

VALUE IN USD

CB&I CONSTRUCTORS, INC.

82161474

CITY OF RAMSEY

Performance & Payment

01-Jul-09

19-Nov-10

3,188,400

CB&I CONSTRUCTORS, INC.

82187970

CITY OF GLADWIN, MI

Performance & Payment

06-Jan-10

26-Nov-10

1,326,000

CB&I CONSTRUCTORS, INC.

81365469

MOUNT AIRY NO. 1 L.L.C.

Payment

30-Nov-09

30-Nov-10

98,700

CB&I CONSTRUCTORS, INC.

141135

BARTLESVILLE MUNICIPAL AUTHORITY

Performance & Payment

14-Aug-09

30-Nov-10

1,738,550

CB&I CONSTRUCTORS, INC.

141140

FAIRFAX WATER

Performance & Payment

17-Sep-09

01-Dec-10

5,973,330

CB&I CONSTRUCTORS, INC.

58663577

TOWN OF WELLFLEET, MASSACHUSETTS

Performance & Payment

01-Aug-09

01-Dec-10

1,347,330

CB&I CONSTRUCTORS, INC.

82168396

AQUA OHIO, INC.

Performance & Payment

10-Jul-09

01-Dec-10

1,022,000

CB&I CONSTRUCTORS, INC.

58618586

JEB BUSH, GOVERNOR OF THE STATE OF

License & Permit

05-Dec-09

05-Dec-10

5,000

CB&I CONSTRUCTORS, INC.

58665763

THE CITY OF ARDMORE, OKLAHOMA

Performance & Payment

15-Sep-09

15-Dec-10

3,188,900

CB&I CONSTRUCTORS, INC.

K08233123

CITY OF WOODLAND

Performance & Payment

15-May-09

15-Dec-10

2,390,000

CB&I CONSTRUCTORS, INC.

141163

MOORE COUNTY PUBLIC UTILITIES

Performance & Payment

31-Oct-09

31-Dec-10

1,227,000

CB&I CONSTRUCTORS, INC.

141173

CITY OF LIVE OAK

Performance & Payment

19-Nov-09

31-Dec-10

1,043,000

CB&I CONSTRUCTORS, INC.

141183

THE CITY OF NORTH MYRTLE BEACH

Performance & Payment

31-Dec-09

31-Dec-10

1,428,600

CB&I CONSTRUCTORS, INC.

141186

CLINTON COUNTY BOARD OF COMMISSIONERS

Performance & Payment

14-Dec-09

31-Dec-10

1,826,000

CB&I CONSTRUCTORS, INC.

58643664

TOWN OF LEDYARD

Performance & Payment

10-Sep-07

31-Dec-10

1,614,000

CB&I CONSTRUCTORS, INC.

58660877

HARRISON COUNTY UTILITY AUTHORITY

Performance & Payment

30-Mar-09

31-Dec-10

7,368,000

CB&I CONSTRUCTORS, INC.

58665753

SOUTHSIDE RURAL COMMUNITY WATER

Performance & Payment

31-Aug-09

31-Dec-10

1,461,000

CB&I CONSTRUCTORS, INC.

58665761

CITY OF SOUTHAVEN

Performance & Payment

31-Aug-09

31-Dec-10

1,583,000

CB&I CONSTRUCTORS, INC.

K07444126

KALAMAZOO COUNTY DRAIN COMMISSION

License & Permit

01-Jan-10

01-Jan-11

6,250

CB&I CONSTRUCTORS, INC.

K07444515

STATE OF NEW MEXICO

License & Permit

02-Jan-10

02-Jan-11

76,067

CB&I CONSTRUCTORS, INC.

58618592

STATE OF CONNECTICUT

License & Permit

11-Jan-10

11-Jan-11

55,945

CB&I CONSTRUCTORS, INC.

82187969

CITY OF MORGAN CITY

Performance & Payment

15-Jan-10

15-Jan-11

1,593,000

CB&I CONSTRUCTORS, INC.

82187973

SIERRA NEVADA CONSTRUCTION, INC.

Performance & Payment

15-Jan-10

15-Jan-11

569,750

CB&I CONSTRUCTORS, INC.

58663568

CITY OF ALLEN

Performance & Payment

01-Jun-09

19-Jan-11

5,583,000

CB&I CONSTRUCTORS, INC.

82187984

TOWN OF DELHI

Performance & Payment

28-Mar-10

28-Feb-11

1,388,000

CB&I CONSTRUCTORS, INC.

141149

CITY OF RUSTON, LOUISIANA

Performance & Payment

18-Sep-09

01-Mar-11

2,633,000

CB&I CONSTRUCTORS, INC.

141206

CITY OF WESTON, MO

Performance & Payment

01-Feb-10

01-Mar-11

1,098,000

CB&I CONSTRUCTORS, INC.

58663574

LINCOLN PIPESTONE RURAL WATER SYSTEM

Performance & Payment

01-Jul-09

01-Mar-11

1,655,000

CB&I CONSTRUCTORS, INC.

58633468

STATE OF ARKANSAS

License & Permit

10-Mar-10

10-Mar-11

10,000

CB&I CONSTRUCTORS, INC.

CMS242756

STATE OF MISSISSIPPI

License & Permit

12-Mar-10

12-Mar-11

63,455

CB&I CONSTRUCTORS, INC.

K08030893

STATE OF ALASKA

License & Permit

14-Mar-10

14-Mar-11

10,000

CB&I CONSTRUCTORS, INC.

58633470

STATE OF CALIFORNIA

License & Permit

26-Mar-10

26-Mar-11

12,500

CB&I CONSTRUCTORS, INC.

58633471

STATE OF CALIFORNIA

License & Permit

26-Mar-10

26-Mar-11

12,500

CB&I CONSTRUCTORS, INC.

K0830998A

CITY OF COLUMBUS

License & Permit

31-Mar-10

31-Mar-11

25,000

CB&I CONSTRUCTORS, INC.

141192

VILLAGE OF CHANNAHON

Performance & Payment

01-Jan-10

01-May-11

1,659,000

CB&I CONSTRUCTORS, INC.

K08309632

CITY OF BILLINGS

Performance & Payment

15-Jul-09

01-Jun-11

2,468,000

CB&I CONSTRUCTORS, INC.

142642

CITY OF ROCHESTER, MN

Performance & Payment

31-Oct-09

31-Jul-11

2,838,000

CB&I CONSTRUCTORS, INC.

82187964

CITY OF MITCHELL

Performance & Payment

01-Jan-10

31-Jul-11

1,756,000

CB&I CONSTRUCTORS, INC.

141147

PRINCE WILLIAM COUNTY SERVICE AUTHORITY

Performance & Payment

01-Oct-09

01-Aug-11

3,339,330

CB&I CONSTRUCTORS, INC.

58669597

CITY OF PICKERINGTON

Performance & Payment

15-Mar-10

15-Aug-11

1,741,000

CB&I CONSTRUCTORS, INC.

K08309784

COLD HARBOR BUILDING COMPANY

Performance & Payment

23-Sep-09

31-Aug-11

1,968,000

CB&I CONSTRUCTORS, INC.

141142

KEOKUK MUNICIPAL WATER WORKS

Performance & Payment

10-Sep-09

01-Sep-11

5,503,000

CB&I CONSTRUCTORS, INC.

58665770

CITY OF TAYLORVILLE

Performance & Payment

14-Sep-09

01-Sep-11

2,680,000

CB&I CONSTRUCTORS, INC.

141215

CITY OF COLUMBUS

Performance & Payment

01-Mar-10

01-Oct-11

4,156,900

CB&I CONSTRUCTORS, INC.

58643666

CITY OF WOOSTER

Maintenance Bond

03-Nov-09

03-Nov-11

1,824,178

CB&I CONSTRUCTORS, INC.

82187961

MID-DAKOTA RURAL WATER SYSTEM, INC.

Performance & Payment

30-Nov-09

18-Nov-11

3,155,000

CB&I CONSTRUCTORS, INC.

K08232702

VEOLIA WATER NORTH AMERICA-CENTRAL,

Payment

26-Nov-09

26-Nov-11

231,500

CB&I CONSTRUCTORS, INC.

K08232775

STATE OF MISSISSIPPI

License & Permit

31-Dec-09

31-Dec-11

64,855

CB&I CONSTRUCTORS, INC.

58637907

STATE OF ILLINOIS

Notary Public

24-Apr-07

23-Apr-12

5,000

CB&I CONSTRUCTORS, INC.

15920529

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

11-Jan-09

11-Jan-13

10,000

CB&I CONSTRUCTORS, INC.

K07786189

STATE OF ARIZONA

License & Permit

03-Mar-10

02-Mar-13

90,000

CB&I CONSTRUCTORS, INC.

58669592

STATE OF CALIFORNIA

Notary Public

28-Dec-09

27-Dec-13

15,000

CB&I, INC.

82154882

CITY OF RIVERSIDE PUBLIC UTILITIES

Performance

09-Mar-09

01-Apr-10

784,690

CB&I, INC.

82161484

FLINTCO, INC.

Performance & Payment

15-Jul-09

01-May-10

2,531,500

CB&I, INC.

58618535

STATE OF IOWA

License & Permit

07-Aug-08

07-Aug-10

50,000

CB&I, INC.

141164

TOWN OF CENTURY

Performance & Payment

31-Oct-09

31-Oct-10

1,037,000

CB&I, INC.

141208

TOWN OF SMYRNA, TN

Performance & Payment

19-Jan-10

12-Dec-10

939,000

CB&I, INC.

141168

THE CITY OF BUSHNELL

Performance & Payment

06-Nov-09

20-Dec-10

1,637,000

CB&I, INC.

141136

STARR-IVA WATER DISTRICT

Performance & Payment

31-Aug-09

31-Dec-10

1,655,000

CB&I, INC.

K07444448

STATE OF NORTH CAROLINA

License & Permit

01-Jan-10

01-Jan-11

2,000,000

CB&I, INC.

58618594

STATE OF OKLAHOMA CONSTRUCTION

License & Permit

09-Jan-10

09-Jan-11

5,000

CB&I, INC.

K07444540

VILLAGE OF GILBERTS

License & Permit

30-Jan-10

30-Jan-11

3,000

CB&I, INC.

CMS242757

HARRIS COUNTY FLOOD CONTROL DISTRICT

License & Permit

01-Apr-09

01-Apr-11

31,440

CBI COMPANY

BOND NUMBER

BENEFICIARY

PURPOSE

ISSUE DATE

EXPIRY DATE

VALUE IN USD

CB&I, INC.

K08031058

STATE OF TEXAS

Blanket Performance (Oil & Gas)

30-Oct-09

30-Oct-11

25,000

CB&I, INC.

15980507

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

03-Apr-10

03-Apr-14

10,000

CB&I, INC.

CMS215365

CALVERT COUNTY DEPARTMENT OF PUBLIC

License & Permit

06-May-09

06-May-10

69,125

CB&I, INC.

81558787

TERRA MISSISSIPPI NITROGEN, INC.

Payment

07-Oct-09

07-Oct-10

299,300

CB&I, INC.

81558803

CHEVRON PRODUCTS COMPANY

Payment

07-Nov-09

07-Nov-10

128,091

CB&I, INC.

82154877

US ARMY CORPS OF ENGINEERS, MOBILE

Performance & Payment

01-Mar-09

30-Nov-10

28,158,000

CB&I, INC.

K07786104

TONY WILSON

Judicial

20-Dec-09

20-Dec-10

50,000

CB&I, INC.

81558805

PASADENA REFINING SYSTEM, INC.

Payment

21-Dec-09

21-Dec-10

88,570

CB&I, INC.

K0831021A

CITY OF BRUNSWICK

License & Permit

05-Mar-10

31-Dec-10

25,000

CB&I, INC.

CMS226322

JE MERIT CONSTRUCTORS, INC.

Payment

10-Jan-10

10-Jan-11

428,277

CB&I, INC.

K07786141

HAWAII ELECTRIC LIGHT COMPANY, INC.

Payment

21-Jan-10

21-Jan-11

183,176

CB&I, INC.

CMS242750

STATE OF OREGON

License & Permit

29-Jan-10

29-Jan-11

75,000

CB&I, INC.

CMS226329

SUNOCO PIPELINE L.P.

Payment

01-Mar-10

01-Mar-11

393,200

CB&I, INC.

58633472

STATE OF WASHINGTON

License & Permit

16-Mar-10

16-Mar-11

12,000

CB&I, INC.

58663560

VILLAGE OF HOFFMAN ESTATES

Performance & Payment

22-May-09

15-Jul-11

3,829,000

CB&I, INC.

58665751

CITY OF CORTLAND

Performance & Payment

01-Aug-09

01-Aug-11

1,472,000

CBI AMERICAS LIMITED

15838737

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

20-Mar-07

20-Mar-11

10,000

CBI COMPANY LIMITED

15943983

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

10-Jun-09

10-Jun-13

10,000

CBI SERVICES, INC.

K07443821

STATE OF NEBRASKA

License & Permit

24-Apr-09

24-Apr-10

47,000

CBI SERVICES, INC.

CMS215358

STATE OF ARKANSAS

License & Permit

30-Apr-09

30-Apr-10

10,000

CBI SERVICES, INC.

58627861

METROPOLITAN REGIONAL COUNCIL OF

Wage & Welfare

01-May-09

01-May-10

50,000

CBI SERVICES, INC.

58663555

TOWNSHIP OF LOWER MUNICIPAL UTILITIES

Performance & Payment

01-Jun-09

01-Jun-10

1,873,660

CBI SERVICES, INC.

CMS215364

THE STATE OF CALIFORNIA

Workers’ Compensation

07-Jun-09

07-Jun-10

220,000

CBI SERVICES, INC.

CMS226301

U.A. LOCAL UNION NO. 322

Wage & Welfare

30-Jun-09

30-Jun-10

200,000

CBI SERVICES, INC.

CMS226302

LOCAL 282 TRUST FUNDS

Wage & Welfare

04-Jul-09

04-Jul-10

10,000

CBI SERVICES, INC.

K07444965

CITY OF MARYSVILLE

Payment

16-Jul-09

16-Jul-10

64,145

CBI SERVICES, INC.

K07444977

BOARD OF COMMISSIONERS OF COUNTY OF

License & Permit

16-Jul-09

16-Jul-10

5,000

CBI SERVICES, INC.

CMS215368

STATE OF ARIZONA

License & Permit

27-Jul-09

27-Jul-10

40,000

CBI SERVICES, INC.

K07445052

STATE OF OREGON

Payment

07-Aug-09

07-Aug-10

30,000

CBI SERVICES, INC.

82168395

EAST GREENWICH TOWNSHIP

Performance & Payment

14-Aug-09

14-Aug-10

2,193,660

CBI SERVICES, INC.

58618536

STATE OF ALASKA

License & Permit

31-Aug-09

31-Aug-10

5,000

CBI SERVICES, INC.

CMS226311

TRUSTEES OF THE STRUCTURAL STEEL AND

Wage & Welfare

20-Sep-09

20-Sep-10

25,000

CBI SERVICES, INC.

CMS226313

STATE OF MISSOURI

License & Permit

01-Oct-09

01-Oct-10

25,000

CBI SERVICES, INC.

K08031551

STATE OF CONNECTICUT

License & Permit

01-Oct-09

01-Oct-10

90,472

CBI SERVICES, INC.

58660890

CITY OF SYCAMORE

Performance & Payment

01-Apr-09

01-Oct-10

2,990,000

CBI SERVICES, INC.

K07444394

STATE OF NEVADA

License & Permit

04-Oct-09

04-Oct-10

50,000

CBI SERVICES, INC.

58618558

STATE OF IOWA

License & Permit

01-Nov-08

01-Nov-10

65,000

CBI SERVICES, INC.

58663562

EAST WINDSOR MUNICIPAL UTILITIES

Performance & Payment

01-Jun-09

01-Nov-10

2,694,660

CBI SERVICES, INC.

58665778

LAKEWOOD TOWNSHIP MUA

Performance & Payment

01-Nov-09

01-Nov-10

1,721,330

CBI SERVICES, INC.

K08233020

HASKELL CORPORATION DBA F.M. HASKELL

Performance & Payment

02-Mar-09

31-Dec-10

1,226,136

CBI SERVICES, INC.

58627864

STATE OF NEVADA

License & Permit

01-Jan-10

01-Jan-11

100

CBI SERVICES, INC.

58618603

OPERATING ENGINEERS LOCAL 825 FUND

Wage & Welfare

10-Jan-10

10-Jan-11

25,000

CBI SERVICES, INC.

K07786153

HONEYWELL INTERNATIONAL

Payment

23-Jan-10

23-Jan-11

80,705

CBI SERVICES, INC.

58627862

TWIN CITY IRON WORKERS FRINGE BENEFIT

Wage & Welfare

27-Jan-10

27-Jan-11

25,000

CBI SERVICES, INC.

58627863

THE BUILDING, CONCRETE, EXCAVATING AND

Wage & Welfare

01-Mar-10

01-Mar-11

25,000

CBI SERVICES, INC.

58627865

INTERNATIONAL ASSOCIATION OF HEAT AND

Wage & Welfare

01-Mar-10

01-Mar-11

100,000

CBI SERVICES, INC.

58633476

STATE OF WASHINGTON

License & Permit

16-Mar-10

16-Mar-11

12,000

CBI SERVICES, INC.

58627876

IRON WORKERS’ LOCAL NO. 25

Wage & Welfare

17-Mar-10

17-Mar-11

25,000

CBI SERVICES, INC.

K08407459

WESTON SOLUTIONS, INC.

Performance & Payment

18-Mar-10

18-Mar-11

1,513,101

CBI SERVICES, INC.

K07444709

STATE OF OREGON

License & Permit

20-Mar-10

20-Mar-11

2,750

CBI SERVICES, INC.

58633474

STATE OF CALIFORNIA

License & Permit

25-Mar-10

25-Mar-11

12,500

CBI SERVICES, INC.

58633475

STATE OF CALIFORNIA

License & Permit

25-Mar-10

25-Mar-11

12,500

CBI SERVICES, INC.

CMS242761

STATE OF OREGON

License & Permit

26-Mar-10

26-Mar-11

75,000

CBI SERVICES, INC.

141141

CITY OF VIRGINIA

Performance & Payment

10-Sep-09

31-Mar-11

1,588,800

CBI SERVICES, INC.

58669585

CITY OF BRIDGETON, NJ

Performance & Payment

01-Dec-09

01-Jun-11

1,529,330

CBI SERVICES, INC.

CMS226303

IRON WORKERS LOCALS 40, 361 & 417 UNION

Wage & Welfare

04-Jul-08

04-Jul-11

30,000

CBI SERVICES, INC.

82187968

CITY OF TAUNTON

Performance & Payment

01-Jan-10

01-Aug-11

2,748,330

CBI SERVICES, INC.

82168409

CITY OF TWO HARBORS

Performance & Payment

11-Sep-09

07-Oct-11

2,433,000

CBI SERVICES, INC.

58665765

NOVA GROUP, INC.-UNDERGROUND

Performance & Payment

02-Sep-09

30-Nov-11

5,885,381

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

K07443948

VILLAGE OF PLAINFIELD

License & Permit

16-May-09

16-May-10

10,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

CMS215363

STATE OF ARIZONA

License & Permit

30-Jun-09

30-Jun-10

102,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58618538

STATE OF FLORIDA

Payment

27-Aug-09

27-Aug-10

50,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58618533

STATE OF ALASKA

License & Permit

29-Sep-09

29-Sep-10

10,000

CBI COMPANY

BOND NUMBER

BENEFICIARY

PURPOSE

ISSUE DATE

EXPIRY DATE

VALUE IN USD

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58618542

STATE OF IOWA

License & Permit

09-Oct-08

09-Oct-10

50,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58618595

STATE OF ARIZONA

License & Permit

22-Jan-10

22-Jan-11

40,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58618596

STATE OF WASHINGTON

License & Permit

22-Jan-10

22-Jan-11

12,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

CMS242781

STATE OF OREGON

License & Permit

09-Feb-10

09-Feb-11

75,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

15832648

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

13-Feb-07

13-Feb-11

10,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58633482

STATE OF ARKANSAS

License & Permit

18-Mar-10

18-Mar-11

10,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58633483

STATE OF WASHINGTON

License & Permit

18-Mar-10

18-Mar-11

6,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

15832649

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

26-Apr-07

26-Apr-11

10,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58653046

STATE OF ILLINOIS

Notary Public

20-Aug-08

20-Aug-12

5,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

58656303

STATE OF ILLINOIS

Notary Public

03-Oct-08

03-Oct-12

5,000

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

15929133

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

22-Feb-09

22-Feb-13

10,000

CHICAGO BRIDGE & IRON COMPANY; CB&I INC.; CENTRAL TRADING

80729005

U. S. CUSTOMS AND BORDER PROTECTION

Customs

04-Sep-09

03-Sep-11

200,000

HORTON CBI, LIMITED

M413771

HER MAJESTY IN RIGHT OF CANADA

Customs

27-Oct-09

27-Oct-10

5,000

HOWE-BAKER ENGINEERS, LTD.

58627879

STATE OF WASHINGTON

License & Permit

16-Apr-09

16-Apr-10

12,000

HOWE-BAKER ENGINEERS, LTD.

K0744414A

STATE OF OKLAHOMA CONSTRUCTION

License & Permit

10-Jul-09

10-Jul-10

5,000

HOWE-BAKER ENGINEERS, LTD.

CMS215369

STATE OF OKLAHOMA CONSTRUCTION

License & Permit

17-Aug-09

17-Aug-10

5,000

HOWE-BAKER ENGINEERS, LTD.

58637902

STATE OF CALIFORNIA

License & Permit

01-Jan-10

01-Jan-11

12,500

HOWE-BAKER ENGINEERS, LTD.

58627877

STATE OF CALIFORNIA

License & Permit

11-Mar-10

11-Mar-11

12,500

LUMMUS TECHNOLOGY INC.

K07785963

STATE OF LOUISIANA

License & Permit

15-Aug-09

15-Aug-10

1,440,000

LUMMUS TECHNOLOGY INC.

K07785926

STATE OF OKLAHOMA

License & Permit

25-Oct-09

25-Oct-10

5,000

LUMMUS TECHNOLOGY INC.

K0778594A

STATE OF ARKANSAS

License & Permit

25-Oct-09

25-Oct-10

10,000

MATRIX ENGINEERING, LTD.

CMS226306

STATE OF WYOMING

Wage & Welfare

01-Apr-09

01-Apr-10

12,000

MATRIX ENGINEERING, LTD.

CMS226317

CITY OF BEAUMONT, TEXAS

License & Permit

13-Sep-09

13-Sep-10

15,000

MATRIX ENGINEERING, LTD.

15830164

THE GOVERNOR OF THE STATE OF TEXAS

Notary Public

25-Nov-06

25-Nov-10

10,000

MATRIX ENGINEERING, LTD.

K08232787

CLERK OF THE STATE OF LOUISIANA, OFFICE OF

Judicial

22-Dec-09

22-Dec-10

50,000

MORSE CONSTRUCTION GROUP, INC.

CMS226327

PACIFIC ENERGY GROUP, LLC

Payment

06-Jan-10

06-Jan-11

599,660

CBI VENEZOLANA

Various

31-Mar-11

44,269

CURRENT SUBTOTAL

243,744,121

Schedule 1.1.5
Material Subsidiaries & Foreign Subsidiaries
that are not Excluded Foreign Subsidiaries

SUBSIDIARY BORROWERS


	Organized	Equity
1 CHICAGO BRIDGE & IRON COMPANY (DELAWARE)	Delaware		100	%
2 CBI SERVICES, INC.	Delaware		100	%
3 CB&I INC. (Formerly CB&I Constructors, Inc.)	Texas		100	%
4 CB&I TYLER COMPANY	Delaware		100	%
5 CHICAGO BRIDGE & IRON COMPANY B.V.	Netherlands		100	%
6 CHICAGO BRIDGE & IRON COMPANY	Delaware		100	%

MATERIAL SUBSIDIARIES


	Organized	Equity
U.S. Material Subsidiaries
1 ASIA PACIFIC SUPPLY CO.	Delaware		100	%
2 CB&I TYLER COMPANY	Delaware		100	%
3 CB&I WOODLANDS L.L.C.	Delaware		100	%
4 CBI AMERICAS LTD.	Delaware		100	%
5 CBI COMPANY LTD.	Delaware		100	%
6 CBI OVERSEAS, LLC	Delaware		100	%
7 CBI SERVICES, INC.	Delaware		100	%
8 CENTRAL TRADING COMPANY, LTD.	Delaware		100	%
9 CHICAGO BRIDGE & IRON COMPANY	Delaware		100	%
10 CHICAGO BRIDGE & IRON COMPANY (DELAWARE)	Delaware		100	%
11 CONSTRUCTORS INTERNATIONAL, L.L.C.	Delaware		100	%
12 CSA TRADING COMPANY, LTD.	Delaware		100	%
13 HBI HOLDINGS, L.L.C.	Delaware		100	%
14 HOWE-BAKER HOLDINGS, L.L.C.	Delaware		100	%
15 HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.	Delaware		100	%
16 HOWE-BAKER INTERNATIONAL, L.L.C.	Delaware		100	%
17 HOWE-BAKER MANAGEMENT, L.L.C.	Delaware		100	%
18 MATRIX MANAGEMENT SERVICES, L.L.C.	Delaware		100	%
19 OCEANIC CONTRACTORS, INC.	Delaware		100	%
20 CHICAGO BRIDGE & IRON COMPANY	Illinois		100	%
21 A&B BUILDERS, LTD.	Texas		100	%
22 CB&I INC. (Formerly CB&I Constructors, Inc.)	Texas		100	%
23 HOWE-BAKER ENGINEERS, LTD.	Texas		100	%
24 MATRIX ENGINEERING, LTD.	Texas		100	%
25 CB&I LUMMUS GLOBAL INTERNATIONAL CORPORATION	Delaware		100	%
26 CB&I LUMMUS GLOBAL OVERSEAS CORPORATION	Delaware		100	%
27 LUMMUS CATALYST COMPANY LTD.	Delaware		100	%
28 LUMMUS TECHNOLOGY INC.	Delaware		100	%
29 CB&I LGI CONSTRUCTORS INC.	Texas		100	%


	Organized	Equity
Foreign Material Subsidiaries
1 ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands		100	%
2 CB&I (EUROPE) B.V.	Netherlands		100	%
3 CB&I (NIGERIA) LIMITED	Nigeria		100	%
4 CB&I FINANCE COMPANY LIMITED	Ireland		100	%
5 CB&I LUMMUS B.V.	Netherlands		100	%
6 CB&I LUMMUS CREST LTD.	United Kingdom		100	%
7 CB&I LUMMUS MALTA LIMITED	Malta		100	%
8 CB&I LUMMUS PTE. LTD.	Singapore		100	%
9 CB&I LUMMUS GMBH	Germany		100	%
10 CB&I LUMMUS S.R.O.	Czech Republic		100	%
11 CB&I OIL & GAS EUROPE B.V.	Netherlands		100	%
12 CB&I UK LIMITED	United Kingdom		100	%
13 CBI (PHILIPPINES), INC.	Philippines		100	%
14 CBI Colombiana S.A.	Colombia		100	%
15 CBI CONSTRUCCIONES S.A.	Argentina		100	%
16 CBI Constructors (PNG) Pty. Limited	Papua New Guinea		100	%
17 CBI CONSTRUCTORS LIMITED	United Kingdom		100	%
18 CBI CONSTRUCTORS PTY, LTD.	Australia		100	%
19 CBI EASTERN ANSTALT	Licechtenstein		100	%
20 CBI Engineering Consultant (Shanghai) Co. Ltd.	Shanghai		100	%
21 CBI HOLDINGS (U.K.) LIMITED	United Kingdom		100	%
22 CBI HUNGARY HOLDING LIMITED LIABILITY COMPANY	Hungary		100	%
23 CBI LUXEMBOURG S.A.R.L.	Luxembourg		100	%
24 CBI MONTAJES DE CHILE LIMITADA	Chile		100	%
25 CBI PERUANA S.A.C.	Peru		100	%
26 CBI VENEZOLANA, S.A.	Venezuela		100	%
27 CHICAGO BRIDGE & IRON (ANTILLES ) N.V.	Curacao		100	%
28 CHICAGO BRIDGE & IRON COMPANY B.V.	Netherlands		100	%
29 CMP HOLDINGS B.V.	Netherlands		100	%
30 HORTON CBI, LIMITED	Canada		100	%
31 HUA LU ENGINEERING CO., LTD.	China		100	%
32 LEALAND FINANCE COMPANY B.V.	Netherlands		100	%
33 LUMMUS NOVOLEN TECHNOLOGY GMBH	Germany		100	%
34 LUMMUS TECHNOLOGY HEAT TRANSFER B.V.	Netherlands		100	%
35 LUTECH RESOURCES LIMITED	United Kingdom		100	%
36 NETHERLANDS OPERATING COMPANY B.V.	Netherlands		100	%
37 PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands		100	%
38 SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands		100	%
39 WOODLANDS INTERNATIONAL INSURANCE COMPANY LIMITED	Ireland		100	%


Foreign Material Subsidiaries that are NOT excluded Forein Subsidiaries

1 ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands	100	%
2 CB&I (EUROPE) B.V.	Netherlands	100	%
3 CB&I (NIGERIA) LIMITED	Nigeria	100	%
4 CB&I FINANCE COMPANY LIMITED	Ireland	100	%
5 CB&I LUMMUS B.V.	Netherlands	100	%
6 CB&I LUMMUS CREST LTD.	United Kingdom	100	%
7 CB&I LUMMUS MALTA LIMITED	Malta	100	%
8 CB&I LUMMUS GMBH	Germany	100	%


	Organized	Equity
9 CB&I LUMMUS PTE. LTD.	Singapore		100	%
10 CB&I LUMMUS S.R.O.	Czech Republic		100	%
11 CB&I OIL & GAS EUROPE B.V.	Netherlands		100	%
12 CB&I UK LIMITED	United Kingdom		100	%
13 CBI (PHILIPPINES), INC.	Philippines		100	%
14 CBI Colombiana S.A.	Columbia		100	%
15 CBI CONSTRUCCIONES S.A.	Argentina		100	%
16 CBI Constructors (PNG) Pty. Limited	Papua New Guinea		100	%
17 CBI CONSTRUCTORS LIMITED	United Kingdom		100	%
18 CBI CONSTRUCTORS PTY, LTD.	Australia		100	%
19 CBI EASTERN ANSTALT	Licechtenstein		100	%
20 CBI Engineering Consultant (Shanghai) Co. Ltd.	Shanghai		100	%
21 CBI HOLDINGS (U.K.) LIMITED	United Kingdom		100	%
22 CBI HUNGARY HOLDING LIMITED LIABILITY COMPANY	Hungary		100	%
23 CBI LUXEMBOURG S.A.R.L.	Luxembourg		100	%
24 CBI MONTAJES DE CHILE LIMITADA	Chile		100	%
25 CBI PERUANA S.A.C.	Peru		100	%
26 CBI VENEZOLANA, S.A.	Venezuela		100	%
27 CHICAGO BRIDGE & IRON (ANTILLES ) N.V.	Curacao		100	%
28 CHICAGO BRIDGE & IRON COMPANY B.V.	Netherlands		100	%
29 CMP HOLDINGS B.V.	Netherlands		100	%
30 HORTON CBI, LIMITED	Canada		100	%
31 HUA LU ENGINEERING CO., LTD.	China		100	%
32 LEALAND FINANCE COMPANY B.V.	Netherlands		100	%
33 LUMMUS NOVOLEN TECHNOLOGY GMBH	Germany		100	%
34 LUMMUS TECHNOLOGY HEAT TRANSFER B.V.	Netherlands		100	%
35 LUTECH RESOURCES LIMITED	United Kingdom		100	%
36 NETHERLANDS OPERATING COMPANY B.V.	Netherlands		100	%
37 PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands		100	%
38 SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD.	Cayman Islands		100	%
39 WOODLANDS INTERNATIONAL INSURANCE COMPANY LIMITED	Ireland		100	%

Schedule 3.2 — Transitional Letters of
Credit
As of July 23, 2010


LC Number	Beneficiary	Value in USD
3086807	Petroleum Company of Trinidad and Tobago Limited		3,537
3086808	Petroleum Company of Trinidad and Tobago Limited		7,137
3098867	Flota Petrolera Ecuatoriana (FLOPEC)		2,488
3098909	Flota Petrolera Ecuatoriana (FLOPEC)		12,087
91901292	Guru Gobind Singh Refinery, India		606
91902181	Guru Gobind Singh Refinery, India		871
91903105	Mangalore Refinery and Petrochemical Ltd		385
91904072	PEMEX Refinacion		160
91905431	Petroquimica Morelos, S.A. de C.V.		118
91909337	Brahmaputra Cracker and Polymer Limited		253
91910522	Chevron Australia Pty. Ltd.		56,913
91911955	Pueblo Viejo Dominicana Corporation		88
91912121	Engineers of India Limited		559
91913099	Pluspetrol Peru Corporation, S.A.		45
A30900T	AESA Peru S.A.C.		251
S29089T	Administracion Nacional de Combustibles, Alcohol		823
S29873T	Abastecedora de Combustible, S.A.		252
S30654T	Pluspetrol Peru Corporation, S.A.		45,095
S30706T	Compania de Petroleos de Chile		194
S30708T	Compania de Petroleos de Chile		97
S30709T	Compania de Petroleos de Chile		328
S30713T	Compania de Petroleos de Chile		657
S30714T	Empresa Constructora Belfi, S.A.		3,021
S30732T	Empresa Constructora Belfi, S.A.		861
S30733T	Empresa Constructora Belfi, S.A.		536
S30854T	Compania de Petroleos de Chile		604
S30871T	Pluspetrol Peru Corporation, S.A.		6,868
S30901T	AESA Peru S.A.C.		540
246955	Zurich American Insurance Company		12,800
SLT750105	National Union Fire Insurance Co. of Pittsburgh, PA		4,437
253550	Cabinda Gulf Oil Company, Ltd.		16,800
255306	Ingeneria y Construccion SIGDO Koppers S.A.		150
323901	GNL Quintero, S.A.		33,418
323904	GNL Quintero, S.A.		8,726
323907	GNL Quintero, S.A.		46,508
338560	Southern LNG, Inc.		9,804
522184	Shanghai SECCO Petrochemical Company Ltd.		654
522625	Shanghai SECCO Petrochemical Company Ltd.		17
522656	Shanghai SECCO Petrochemical Company Ltd.		17
522657	CTCI Corporation		4,270


LC Number	Beneficiary	Value in USD
522874	Petroterminal de Panama, S.A.		21,893
522875	ConocoPhillips Company		4,154
523047	UGI LNG, Inc.		22,000
523214	PTT Chemical Public Company Limited		644
523215	PTT Chemical Public Company Limited		1,095
523304	China National Chemical Construction Shaanxi Import & Export Company		764
523305	Imperial Oil Resources Ventures Limited		6,737
523508	GS Caltex Corporation		591
523510	GS Caltex Corporation		574
523511	Jilin Chemical Industries Import and Export Company		915
523543	Samsung Total Petrochemicals Co. Ltd.		119
523750	CNPC Materials Company		444
523751	WRB Refining LLC		10,295
523850	WRB Refining LLC		889
523851	Daelim Industrial Co. Ltd.		203
524598	Honam Petrochemicals Corporation		91
524599	Petrojam Limited		6
524767	Petrojam Limited		5
537709	Refineria de Cartagena, S.A.		384
537710	Refineria de Cartagena, S.A.		758
537711	Shanghai SECCO Petrochemical Company Ltd.		619
537891	Duke Energy Indiana, Inc.		264
538323	Petroterminal de Panama, S.A.		6,326
538419	Petrochina International Co., Ltd.		98
538976	Chevron Products Company		1,000
539063	Flint Hills Resources, L.P.		9,800
577749	Shanghai SECCO Petrochemical Company Ltd.		378
577792	Shanghai SECCO Petrochemical Company Ltd.		303
578866	Shanghai SECCO Petrochemical Company Ltd.		1,092
578867	Terasen Gas, Inc.		11,183
578918	Sturgeon County		241
SLT410872	Dominion Cove Point LNG, L.P.		24,108
482038	Skyford Chemical (Ningbo) Co., Ltd.		1,197
524766	China National Technical Import and Export Corp.		300
482084	Terminal Industrial Taboguilla S.A. (TITSA)		100
482039	Occidental of Elk Hills, Inc.		28,098
NTS661771	Zurich American Insurance Company		12,611
SLCPPDX05105	Refineria de Cartagena, S.A.		70,000

Subtotal			523,249
Plus 3% Foreign Currency Adjustment			2,383

Total			525,632

Schedule 6.4 — Pro Forma Financial Statements
In 000’s of USD Equivalent
As of March 31, 2010

None

Schedule 6.7 — Litigation
As of March 31, 2010

We have been and may from time to time be named as a defendant in legal actions claiming damages in connection with engineering and construction projects, technology licenses and other matters. These are typically claims that arise in the normal course of business, including employment-related claims and contractual disputes or claims for personal injury or property damage which occur in connection with services performed relating to project or construction sites. Contractual disputes normally involve claims relating to the timely completion of projects, performance of equipment or technologies, design or other engineering services or project construction services provided by us. Management does not currently believe that any of our pending contractual, employment-related personal injury or property damage claims and disputes will have a material effect on our future results of operations, financial position or cash flow.

Asbestos Litigation—We are a defendant in lawsuits wherein plaintiffs allege exposure to asbestos due to work we may have performed at various locations. We have never been a manufacturer, distributor or supplier of asbestos products. Through March 31, 2010, we have been named a defendant in lawsuits alleging exposure to asbestos involving approximately 4,900 plaintiffs and, of those claims, approximately 1,400 claims were pending and 3,500 have been closed through dismissals or settlements. Through March 31, 2010, the claims alleging exposure to asbestos that have been resolved have been dismissed or settled for an average settlement amount of approximately one thousand dollars per claim. We review each case on its own merits and make accruals based on the probability of loss and our estimates of the amount of liability and related expenses, if any. We do not currently believe that any unresolved asserted claims will have a material adverse effect on our future results of operations, financial position or cash flow, and, at March 31, 2010, we had accrued approximately $2.1 million for liability and related expenses. With respect to unasserted asbestos claims, we cannot identify a population of potential claimants with sufficient certainty to determine the probability of a loss and to make a reasonable estimate of liability, if any. While we continue to pursue recovery for recognized and unrecognized contingent losses through insurance, indemnification arrangements or other sources, we are unable to quantify the amount, if any, that we may expect to recover because of the variability in coverage amounts, deductibles, limitations and viability of carriers with respect to our insurance policies for the years in question.

Environmental Matters—Our operations are subject to extensive and changing U.S. federal, state and local laws and regulations, as well as the laws of other nations, that establish health and environmental quality standards. These standards, among others, relate to air and water pollutants and the management and disposal of hazardous substances and wastes. We are exposed to potential liability for personal injury or property damage caused by any release, spill, exposure or other accident involving such pollutants, substances or wastes.

In connection with the historical operation of our facilities, substances which currently are or might be considered hazardous were used or disposed of at some sites that will or may require us to make expenditures for remediation. In addition, we have agreed to indemnify parties from whom we have purchased or to whom we have sold facilities for certain environmental liabilities arising from acts occurring before the dates those facilities were transferred.

We believe that we are currently in compliance, in all material respects, with all environmental laws and regulations. We do not currently believe that any environmental matters will have a material adverse effect on our future results of operations or financial position. We do not anticipate that we will incur material capital expenditures for environmental controls or for the investigation or remediation of environmental conditions during the remainder of 2010 or 2011.

SCHEDULE 6.8

850 PINE STREET INC.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
A & B Builders, Ltd (MANAGED BY MATRIX MANAGEMENT SERVICES, L.L.C.)	Common Shares	—	Direct		0.0000
CB&I Tyler Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for 850 PINE STREET INC.

A & B Builders, Ltd (MANAGED BY MATRIX MANAGEMENT SERVICES, L.L.C.)
Texas

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Page 1 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Matrix Engineering, Ltd. (MANAGED BY HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.)	Percentage Ownership Interest	—	Direct		99.0000
Matrix Management Services, L.L.C.	Percentage Ownership Interest	—	Direct		1.0000

End of Corporate Summary Report for A & B Builders, Ltd (MANAGED BY MATRIX MANAGEMENT SERVICES, L.L.C.)

ABB Lummus Global Cyprus Ltd.
Cyprus

Capital Structure — NonDerivative


Security Name		Class A Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus B.V.	Class A Common Shares	—	Direct		100.0000
CB&I Oil & Gas Europe B.V.	Class A Common Shares	—	Direct		900.0000

End of Corporate Summary Report for ABB Lummus Global Cyprus Ltd.

Arabian CBI Ltd.
Saudi Arabia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		400.0000
# Shares Issued		400.0000
# Outstanding		400.0000

Page 2 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Alfadl, Abdullah Ibrahim A.	Common Shares	—	Direct		30.0000
Alfadl, Saleh Abdullah	Common Shares	—	Direct		70.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		300.0000
Commercial & Industrial Services Co. Ltd.	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Arabian CBI Ltd.

Arabian CBI Tank Manufacturing Company Limited
Saudi Arabia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		400.0000
# Shares Issued		400.0000
# Outstanding		400.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		0.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		300.0000
Commercial & Industrial Services Co. Ltd.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Arabian CBI Tank Manufacturing Company Limited

Page 3 of 76

Arabian Gulf Material Supply Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		2.0000
Denton, Shaun	Common Shares	—	Direct		0.0000
Palmer, Simon	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Arabian Gulf Material Supply Company, Ltd.

Asia Pacific Supply Co.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Asia Pacific Supply Co.

Page 4 of 76

Atlantis Contractors Inc.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Atlantis Contractors Inc.

Cape Steel Material Supply Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		2.0000
Denton, Shaun	Common Shares	—	Direct		0.0000
Palmer, Simon	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Cape Steel Material Supply Company, Ltd.

Page 5 of 76

Catalytic Distillation Technologies
Texas

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners

There are no entries in this list

End of Corporate Summary Report for Catalytic Distillation Technologies

CB&I (Global Services) Limited
Dublin

Capital Structure — NonDerivative


Security Name		Ordinary
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Ordinary	—	Direct		1,000.0000

End of Corporate Summary Report for CB&I (Global Services) Limited

Page 6 of 76

CB&I (Nigeria) Limited
Nigeria

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000,000.0000
# Shares Issued		5,000,000.0000
# Outstanding		5,000,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Europe B. V.	Common Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		4,999,999.0000

End of Corporate Summary Report for CB&I (Nigeria) Limited

CB&I CANADA LTD.
Nova Scotia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I UK LIMITED	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for CB&I CANADA LTD.

Page 7 of 76

CB&I Constructors Limited
United Kingdom

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		200,000.0000
# Shares Issued		163,536.0000
# Outstanding		163,536.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Aldinger, Thomas L.	Common Shares	—	Direct		0.0000
CBI Holdings (U.K.) Limited	Common Shares	—	Direct		163,536.0000

End of Corporate Summary Report for CB&I Constructors Limited

CB&I Engineering and Consulting GmbH
GERMANY

Capital Structure — NonDerivative


Security Name		Capitalization in Dollars
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		50,000.0000
# Outstanding		50,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus GmbH	Capitalization in Dollars	—	Direct		50,000.0000

End of Corporate Summary Report for CB&I Engineering and Consulting GmbH

Page 8 of 76

CB&I Engineering Consultant (Shanghai) Co. Ltd.
Shanghai

Capital Structure — NonDerivative


Security Name		Capital Contributions
Type		Common
# Shares Authorized		140,000.0000
# Shares Issued		140,000.0000
# Outstanding		140,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Europe B. V.	Capital Contributions	—	Direct		140,000.0000

End of Corporate Summary Report for CB&I Engineering Consultant (Shanghai) Co. Ltd.

CB&I Europe B. V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		200.0000
# Shares Issued		40.0000
# Outstanding		40.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CMP Holdings B.V.	Common Shares	—	Direct		40.0000

End of Corporate Summary Report for CB&I Europe B. V.

Page 9 of 76

CB&I Finance Company Limited
Dublin

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		2.0000

End of Corporate Summary Report for CB&I Finance Company Limited

CB&I HOLDINGS B.V.
Amsterdam

Capital Structure — NonDerivative


Security Name		Registered Shares
Type		Common
# Shares Authorized		9,000,000.0000
# Shares Issued		1,800,000.0000
# Outstanding		1,800,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company N.V.	Registered Shares	—	Direct		1,800,000.0000

End of Corporate Summary Report for CB&I HOLDINGS B.V.

Page 10 of 76

CB&I HOUSTON 06 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		0.0000
CB&I UK LIMITED	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 06 LLC

CB&I HOUSTON 07 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 07 LLC

Page 11 of 76

CB&I HOUSTON 08 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Paddington Limited	Percentage Ownership Interest	—	Direct		0.0000
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		0.0000
CB&I UK LIMITED	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 08 LLC

CB&I HOUSTON 09 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 09 LLC

Page 12 of 76

CB&I HOUSTON 10 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 10 LLC

CB&I HOUSTON 11 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 11 LLC

Page 13 of 76

CB&I HOUSTON 12 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 12 LLC

CB&I HOUSTON 13 LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON 13 LLC

Page 14 of 76

CB&I HOUSTON LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		0.0000
CB&I UK LIMITED	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I HOUSTON LLC

CB&I Hungary Holding Limited Liabiltiy Company (CBI Hungary Kft.)
Hungary

Capital Structure — NonDerivative


Security Name		Registered Capital
Type		Common
# Shares Authorized		15,000.0000
# Shares Issued		15,000.0000
# Outstanding		15,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Registered Capital	—	Direct		14,500.0000
Chicago Bridge & Iron Company B.V.	Registered Capital	—	Direct		500.0000

End of Corporate Summary Report for CB&I Hungary Holding Limited Liabiltiy Company (CBI Hungary Kft.)

Page 15 of 76

CB&I Inc.
Texas

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		1,000,000.0000
# Outstanding		1,000,000.0000

Security Name		Preferred Shares
Type		Common
# Shares Authorized		125,000.0000
# Shares Issued		0.0000
# Outstanding		0.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000,000.0000
Horton CBI, Limited	Preferred Shares	—	Direct		0.0000

End of Corporate Summary Report for CB&I Inc.

CB&I LGOC/Techint Compania
England

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for CB&I LGOC/Techint Compania

Page 16 of 76

CB&I London
London

Capital Structure — NonDerivative


Security Name		Membership Units
Type		Common
# Shares Authorized		1.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I UK LIMITED	Membership Units	—	Direct		1.0000

End of Corporate Summary Report for CB&I London

CB&I Lummus B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		272,270.0000
# Shares Issued		54,454.0000
# Outstanding		54,454.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		54,454.0000

End of Corporate Summary Report for CB&I Lummus B.V.

Page 17 of 76

CB&I Lummus Crest Ltd.
England

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus B.V.	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for CB&I Lummus Crest Ltd.

CB&I Lummus Crest Mauritius
Unknown

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for CB&I Lummus Crest Mauritius

Page 18 of 76

CB&I Lummus Global International Corporation
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,500.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Lummus Technology Inc.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for CB&I Lummus Global International Corporation

CB&I Lummus Global Overseas Corporation
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Lummus Technology Inc.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for CB&I Lummus Global Overseas Corporation

Page 19 of 76

CB&I Lummus GmbH
GERMANY

Capital Structure — NonDerivative


Security Name		Capitalization in DM
Type		Common
# Shares Authorized		2,600,000.0000
# Shares Issued		2,600,000.0000
# Outstanding		2,600,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Capitalization in DM	—	Direct		2,600,000.0000

End of Corporate Summary Report for CB&I Lummus GmbH

CB&I Lummus Ltda.
Brazil

Capital Structure — NonDerivative


Security Name		Capitalization in Rs
Type		Common
# Shares Authorized		19,393,548.0000
# Shares Issued		19,393,548.0000
# Outstanding		19,393,548.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus Global	Capitalization in Rs	—	Direct		2.0000
International Corporation Lummus Technology Inc.	Capitalization in Rs	—	Direct		19,393,546.0000

End of Corporate Summary Report for CB&I Lummus Ltda.

Page 20 of 76

CB&I Lummus Malta Limited
Malta

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		100,000.0000
# Outstanding		100,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus B.V.	Common Shares	—	Direct		1.0000
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		99,999.0000

End of Corporate Summary Report for CB&I Lummus Malta Limited

CB&I Lummus Pte. Ltd.
Singapore

Capital Structure — NonDerivative


Security Name		Capitalization in SGD
Type		Common
# Shares Authorized		550,000.0000
# Shares Issued		527,802.0000
# Outstanding		527,802.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Capitalization in SGD	—	Direct		527,802.0000

End of Corporate Summary Report for CB&I Lummus Pte. Ltd.

Page 21 of 76

CB&I Lummus s.r.o.
Czech Republic

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		100,000.0000
# Outstanding		100,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		100,000.0000

End of Corporate Summary Report for CB&I Lummus s.r.o.

CB&I Lummus, L.L.C.
Egypt

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		500.0000
# Shares Issued		500.0000
# Outstanding		500.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus B.V.	Common Shares	—	Direct		50.0000
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		450.0000

End of Corporate Summary Report for CB&I Lummus, L.L.C.

Page 22 of 76

CB&I Oil & Gas Europe B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,115.0000
# Shares Issued		225.0000
# Outstanding		225.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		225.0000

End of Corporate Summary Report for CB&I Oil & Gas Europe B.V.

CB&I Paddington Limited
London

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		500,000,000.0000
# Shares Issued		3,589,077.0000
# Outstanding		3,589,077.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Common Shares	—	Direct		3,589,077.0000

End of Corporate Summary Report for CB&I Paddington Limited

Page 23 of 76

CB&I Tyler Company
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Security Name		Preferred Shares
Type		Common
# Shares Authorized		100.0000
# Shares Issued		10.0000
# Outstanding		10.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I WOODLANDS LLC	Preferred Shares	—	Direct		10.0000
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for CB&I Tyler Company

CB&I UK LIMITED
London

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		207,200,000.0000
# Shares Issued		117,074,741.0000
# Outstanding		117,074,741.0000

Page 24 of 76


Security Name		Ordinary
Type		Common
# Shares Authorized		400,200,000.0000
# Shares Issued		155,600,000.0000
# Outstanding		155,600,000.0000

Security Name		Ordinary Shares
Type		Common
# Shares Authorized		400,200,000.0000
# Shares Issued		80,000,000.0000
# Outstanding		80,000,000.0000

Security Name		Registered Shares
Type		Common
# Shares Authorized		400,200,000.0000
# Shares Issued		25,000,000.0000
# Outstanding		25,000,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		117,074,740.0000
Chicago Bridge & Iron Company B.V.	Ordinary	—	Direct		155,600,000.0000

End of Corporate Summary Report for CB&I UK LIMITED

CB&I UK/Techint International Construction
England

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for CB&I UK/Techint International Construction

Page 25 of 76

CB&I WOODLANDS LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for CB&I WOODLANDS LLC

CBI (Malaysia) Sdn. Bhd.
Malaysia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000,000.0000
# Shares Issued		1,674,000.0000
# Outstanding		1,674,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Bin Ali, Datuk Abdullah	Common Shares	—	Direct		421,000.0000
Bin Ali, Haji Sulaiman	Common Shares	—	Direct		140,000.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,065,000.0000
Muhammed, Abdul R.	Common Shares	—	Direct		30,000.0000
Yusoff, Ghazali Bin Datuk	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for CBI (Malaysia) Sdn. Bhd.

Page 26 of 76

CBI (Philippines) Inc.
Philippines

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		2,000,000.0000
# Shares Issued		1,200,000.0000
# Outstanding		1,200,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Badong, Orlando B.	Common Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,199,993.0000
Cochran, David J.	Common Shares	—	Direct		1.0000
Cochrane, J. A.	Common Shares	—	Direct		0.0000
Han, Pin-Chung	Common Shares	—	Direct		1.0000
Javier, Carlito H.	Common Shares	—	Direct		1.0000
Molo, Pedro T.	Common Shares	—	Direct		1.0000
Nockels, Keith E.	Common Shares	—	Direct		0.0000
Reyes, Salomon F.	Common Shares	—	Direct		1.0000
Tayao, Silverio S.	Common Shares	—	Direct		0.0000
Trezeciak, Michael Edward	Common Shares	—	Direct		0.0000
Tsurusaki, Kenneth T.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI (Philippines) Inc.

Page 27 of 76

CBI (Thailand) Limited
Bangkok Metropolis, Thailand

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		1,000,000.0000
# Outstanding		1,000,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Basgen, Thomas F.	Common Shares	—	Direct		0.0000
Charnivirakul, Anutin	Common Shares	—	Direct		0.0000
Charnvirakul, Chavarat	Common Shares	—	Direct		0.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		499,998.0000
Han, Pin-Chung	Common Shares	—	Direct		1.0000
Malawan, Anawat	Common Shares	—	Direct		1.0000
Neo Creator Co, Limited	Common Shares	—	Direct		499,997.0000
Sensupa, Satit	Common Shares	—	Direct		1.0000
Sino-Thai Development Co., Ltd.	Common Shares	—	Direct		0.0000
Sino-Thai Engineering and Construction Public Company Limited	Common Shares	—	Direct		0.0000
Sino-Thai Engineering Construction Co., Ltd.	Common Shares	—	Direct		0.0000
Sookdhis, Tanothai	Common Shares	—	Direct		0.0000
Titanantabutr, Poosit	Common Shares	—	Direct		1.0000
Vasinwatanapong, Pattara	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI (Thailand) Limited

CBI Americas Ltd.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		10,000.0000
# Shares Issued		10,000.0000
# Outstanding		10,000.0000

Owners

Ownership

Name

Security Name

Underlying Security

Form

Current Holdings

Chicago Bridge & Iron Company

Common Shares

—

Direct

10,000.0000

End of Corporate Summary Report for CBI Americas Ltd.

Page 28 of 76

CBI ARUBA N.V.
ARUBA

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		500.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CBI Americas Ltd.	Common Shares	—	Direct		0.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for CBI ARUBA N.V.

CBI Bahamas Limited
Bahamas

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000.0000
# Shares Issued		5,000.0000
# Outstanding		5,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		5,000.0000

End of Corporate Summary Report for CBI Bahamas Limited

Page 29 of 76

CBI Caribe, Limited
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		3,500.0000
# Shares Issued		3,500.0000
# Outstanding		3,500.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		2,128.0000

End of Corporate Summary Report for CBI Caribe, Limited

CBI COLOMBIANA S.A.
Cartagena

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		500,000,000.0000
# Shares Issued		169,986,701.0000
# Outstanding		169,986,701.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Calcedo, Jaime Eduardo Trujillo	Common Shares	—	Direct		0.0010
Carvajal, Martha Tatiana Garces	Common Shares	—	Direct		0.0010
CBI Bahamas Limited	Common Shares	—	Direct		8,499,349.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		161,487,351.9970
Montgomery, Clare	Common Shares	—	Direct		0.0010

End of Corporate Summary Report for CBI COLOMBIANA S.A.

Page 30 of 76

CBI Company Ltd.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		10,000.0000
# Shares Issued		5,310.0000
# Outstanding		5,310.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		5,310.0000

End of Corporate Summary Report for CBI Company Ltd.

CBI Construcciones S.A.
Argentina

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		1,000,000.0000
# Outstanding		1,000,000.0000

Page 31 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		50,000.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		950,000.0000

End of Corporate Summary Report for CBI Construcciones S.A.

CBI Constructors (PNG) Pty. Limited
Papua New Guinea

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		100,000.0000
# Outstanding		100,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CBI Constructors Pty. Limited	Common Shares	—	Direct		100,000.0000

End of Corporate Summary Report for CBI Constructors (PNG) Pty. Limited

CBI Constructors FZE
Dubai

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Page 32 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI Constructors FZE

CBI Constructors Pty. Limited
New South Wales

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		500,000.0000
# Shares Issued		302,623.0000
# Outstanding		302,623.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		302,623.0000

End of Corporate Summary Report for CBI Constructors Pty. Limited

CBI Constructors S.A. (Proprietary) Limited
South Africa

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		275,000.0000
# Shares Issued		263,000.0000
# Outstanding		263,000.0000

Page 33 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Barrolaza, Julian Y.	Common Shares	—	Direct		0.0000
CB&I Constructors Limited	Common Shares	—	Direct		0.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		263,000.0000
Freeman, William M.	Common Shares	—	Direct		0.0000
Grinsted, P. M.	Common Shares	—	Direct		0.0000
Jones, John E.	Common Shares	—	Direct		0.0000
Mitchell, Marvin G.	Common Shares	—	Direct		0.0000
Moore, Buell V.	Common Shares	—	Direct		0.0000
Stephan, Dean E.	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for CBI Constructors S.A. (Proprietary) Limited

CBI Costa Rica, S.A.
Costa Rica

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		2,000.0000
# Shares Issued		2,000.0000
# Outstanding		2,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,999.0000
CMP Holdings B.V.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI Costa Rica, S.A.

Page 34 of 76

CBI de Nicaragua, Sociedad Anónima
Nicaragua

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CBI Caribe, Limited	Common Shares	—	Direct		1.0000
CBI Company Ltd.	Common Shares	—	Direct		998.0000
Chicago Bridge & Iron Company	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI de Nicaragua, Sociedad Anónima

CBI de Venezuela, C. A.
Venezuela

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		2,505,000.0000
# Shares Issued		2,505,000.0000
# Outstanding		2,505,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		25,050.0000

End of Corporate Summary Report for CBI de Venezuela, C. A.

Page 35 of 76

CBI Dominicana, S.A.
Dominican Republic

Capital Structure — NonDerivative


Security Name		Ordinary Shares
Type		Common
# Shares Authorized		6,900.0000
# Shares Issued		6,900.0000
# Outstanding		6,900.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Canals, Cesar E.	Ordinary Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Ordinary Shares	—	Direct		6,894.0000
Delman, David A.	Ordinary Shares	—	Direct		1.0000
Lopez, Sergio	Ordinary Shares	—	Direct		1.0000
Novak, Timothy	Ordinary Shares	—	Direct		1.0000
Rector, Ronald B.	Ordinary Shares	—	Direct		1.0000
Schmidt, Kenneth L.	Ordinary Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI Dominicana, S.A.

CBI Eastern Anstalt
Vaduz, Liechtenstein

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Page 36 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for CBI Eastern Anstalt

CBI Holdings (U.K.) Limited
United Kingdom

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,001,000.0000
# Shares Issued		1,000,001.0000
# Outstanding		1,000,001.0000


Security Name		Ordinary
Type		Common
# Shares Authorized		400,200,000.0000
# Shares Issued		297,674,741.0000
# Outstanding		297,674,741.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,000,001.0000
Chicago Bridge & Iron Company B.V.	Ordinary	—	Direct		180,600,000.0000
Kershaw, David R.	Common Shares	—	Direct		0.0000
Thorburn, Wilson H.	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for CBI Holdings (U.K.) Limited

Page 37 of 76

CBI JAMAICA LIMITED
JAMAICA

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000.0000
# Shares Issued		5,000.0000
# Outstanding		5,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		5,000.0000

End of Corporate Summary Report for CBI JAMAICA LIMITED

CBI Luxembourg S.a.r.l.
Luxembourg

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		640.0000
# Shares Issued		640.0000
# Outstanding		640.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		640.0000

End of Corporate Summary Report for CBI Luxembourg S.a.r.l.

Page 38 of 76

CBI MONTAJES DE CHILE LIMITADA
Chile

Capital Structure — NonDerivative


Security Name		Class A Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Class A Common Shares	—	Direct		10.0000
Chicago Bridge & Iron Company B.V.	Class A Common Shares	—	Direct		990.0000

End of Corporate Summary Report for CBI MONTAJES DE CHILE LIMITADA

CBI Overseas, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners

There are no entries in this list

End of Corporate Summary Report for CBI Overseas, LLC

Page 39 of 76

CBI Panama, S.A.
Panama

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for CBI Panama, S.A.

CBI Peruana SAC
Peru

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000.0000
# Shares Issued		5,000.0000
# Outstanding		5,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Cedeno, Cipriano	Common Shares	—	Direct		0.0100
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		4,999.9900

End of Corporate Summary Report for CBI Peruana SAC

Page 40 of 76

CBI Services, Inc.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		11,000.0000
# Outstanding		11,000.0000


Security Name		Preferred Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		22,202.0000
# Outstanding		22,202.0000


Security Name		Preferred Shares Series B
Type		Common
# Shares Authorized		48,000.0000
# Shares Issued		8,000.0000
# Outstanding		8,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		11,000.0000
Horton CBI, Limited	Preferred Shares	—	Direct		22,202.0000
Horton CBI, Limited	Preferred Shares Series B	—	Direct		8,000.0000

End of Corporate Summary Report for CBI Services, Inc.

CBI Venezolana, S. A.
Venezuela

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,190,000,000.0000
# Shares Issued		17,200.0000
# Outstanding		17,200.0000

Page 41 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		17,200.0000

End of Corporate Summary Report for CBI Venezolana, S. A.

CBIT I, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Percentage Ownership Interest	—	Direct		49.0000
Lopez, Sergio	Percentage Ownership Interest	—	Direct		26.0000
Reyes, Luciano	Percentage Ownership Interest	—	Direct		25.0000

End of Corporate Summary Report for CBIT I, LLC

Page 42 of 76

CBIT II, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Percentage Ownership Interest	—	Direct		49.0000
Lopez, Sergio	Percentage Ownership Interest	—	Direct		26.0000
Reyes, Luciano	Percentage Ownership Interest	—	Direct		25.0000

End of Corporate Summary Report for CBIT II, LLC

CBIT III, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Percentage Ownership Interest	—	Direct		49.0000
Lopez, Sergio	Percentage Ownership Interest	—	Direct		26.0000
Reyes, Luciano	Percentage Ownership Interest	—	Direct		25.0000

End of Corporate Summary Report for CBIT III, LLC

Page 43 of 76

CBIT IV, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Percentage Ownership Interest	—	Direct		49.0000
Lopez, Sergio	Percentage Ownership Interest	—	Direct		26.0000
Reyes, Luciano	Percentage Ownership Interest	—	Direct		25.0000

End of Corporate Summary Report for CBIT IV, LLC

CDTECH International Corporation
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Catalytic Distillation Technologies	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for CDTECH International Corporation

Page 44 of 76

Central Trading Company, Ltd.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for Central Trading Company, Ltd.

Chevron Lummus Global L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Chevron Lummus Global L.L.C.

Page 45 of 76

Chicago Bridge & Iron (Antilles) N. V.
Curacao

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		30,000.0000
# Shares Issued		6,000.0000
# Outstanding		6,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		6,000.0000

End of Corporate Summary Report for Chicago Bridge & Iron (Antilles) N. V.

Chicago Bridge & Iron Company
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		3,000.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I HOLDINGS B.V.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company

Page 46 of 76

Chicago Bridge & Iron Company
Illinois

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company

Chicago Bridge & Iron Company & Co. L.L.C.
Oman

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		150,000.0000
# Shares Issued		150,000.0000
# Outstanding		150,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Al Bussaidy, Sayyid Slaem Musallam Ali	Common Shares	—	Direct		45,000.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		105,000.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company & Co. L.L.C.

Page 47 of 76

Chicago Bridge & Iron Company (Delaware)
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company (Delaware)

Chicago Bridge & Iron Company (Egypt) LLC
Giza

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		2,000.0000
# Shares Issued		2,000.0000
# Outstanding		2,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1,600.0000
Marco, Basil	Common Shares	—	Direct		200.0000
Nassar, Mike	Common Shares	—	Direct		200.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company (Egypt) LLC

Page 48 of 76

Chicago Bridge & Iron Company B.V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		200.0000
# Shares Issued		50.0000
# Outstanding		50.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Lealand Finance Company B.V.	Common Shares	—	Direct		50.0000

End of Corporate Summary Report for Chicago Bridge & Iron Company B.V.

Chicago Bridge & Iron Company N.V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		250,000,000.0000
# Shares Issued		98,083,608.0000
# Outstanding		98,083,608.0000

Owners

There are no entries in this list

End of Corporate Summary Report for Chicago Bridge & Iron Company N.V.

Page 49 of 76

Chicago Bridge de México, S.A. de C.V.
Mexico

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		999.0000

End of Corporate Summary Report for Chicago Bridge de México, S.A. de C.V.

Chicago Bridge Uruguay S.A.
Uruguay

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,050,000.0000
# Shares Issued		262,500.0000
# Outstanding		262,500.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		262,500.0000

End of Corporate Summary Report for Chicago Bridge Uruguay S.A.

Page 50 of 76

CLG Technical Services LLC
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100.0000
# Shares Issued		10.0000
# Outstanding		10.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chevron Lummus Global L.L.C.	Common Shares	—	Direct		10.0000

End of Corporate Summary Report for CLG Technical Services LLC

CMP Holdings B.V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		60,000,000.0000
# Shares Issued		42,889,195.0000
# Outstanding		42,889,195.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Inc.	Common Shares	—	Direct		0.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		42,889,195.0000
Oasis Supply Company Anstalt	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for CMP Holdings B.V.

Page 51 of 76

Combustion Engineering Technology Investment Corp.
Unknown

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Combustion Engineering Technology Investment Corp.

Constructora C.B.I. Limitada
Chile

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		205,000.0000
# Shares Issued		205,000.0000
# Outstanding		205,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CBI Company Ltd.	Common Shares	—	Direct		202,950.0000
Chicago Bridge & Iron Company	Common Shares	—	Direct		2,050.0000

End of Corporate Summary Report for Constructora C.B.I. Limitada

Page 52 of 76

Constructors International, L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners

There are no entries in this list

End of Corporate Summary Report for Constructors International, L.L.C.

CSA Trading Company Ltd.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		10,000.0000
# Shares Issued		10,000.0000
# Outstanding		10,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		10,000.0000

End of Corporate Summary Report for CSA Trading Company Ltd.

Page 53 of 76

Fibre Making Processes, Inc.
Illinois

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		750.0000
# Shares Issued		750.0000
# Outstanding		750.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		750.0000

End of Corporate Summary Report for Fibre Making Processes, Inc.

HBI Holdings, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker International Management, LLC	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for HBI Holdings, LLC

Page 54 of 76

Highland Trading Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		2.0000
Moon, Andrew	Common Shares	—	Direct		0.0000
Ridley, Timothy	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Highland Trading Company, Ltd.

Horton CBI, Limited
Federally Chartered

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		65,000.0000
# Shares Issued		64,979.0000
# Outstanding		64,979.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chasin, Phil	Common Shares	—	Direct		1.0000
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		64,965.0000
Inman, William	Common Shares	—	Direct		13.0000

End of Corporate Summary Report for Horton CBI, Limited

Page 55 of 76

Howe-Baker Eastern Limited
United Kingdom

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000,000.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for Howe-Baker Eastern Limited

Howe-Baker Engineers, Ltd.
Texas

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker Holdings, L.L.C.	Percentage Ownership Interest	—	Direct		99.0000
Howe-Baker Management, L.L.C.	Percentage Ownership Interest	—	Direct		1.0000

End of Corporate Summary Report for Howe-Baker Engineers, Ltd.

Page 56 of 76

Howe-Baker Holdings, L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker International, L.L.C.	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Howe-Baker Holdings, L.L.C.

Howe-Baker International Management, LLC
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker International, L.L.C.	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Howe-Baker International Management, LLC

Page 57 of 76

Howe-Baker International, L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Inc.	Percentage Ownership Interest	—	Direct		100.0000
CB&I Tyler Company	Percentage Ownership Interest	—	Direct		0.0000

End of Corporate Summary Report for Howe-Baker International, L.L.C.

Howe-Baker Management, L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker Holdings, L.L.C.	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Howe-Baker Management, L.L.C.

Page 58 of 76

Hua Lu Engineering Co., Ltd.
China

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Hua Lu Engineering Co., Ltd.

International Process Supply Company, Ltd
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		50,000.0000
# Outstanding		50,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		50,000.0000

End of Corporate Summary Report for International Process Supply Company, Ltd

Page 59 of 76

IOP Services
England

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		5,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for IOP Services

Lealand Finance Company B.V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		200.0000
# Shares Issued		40.0000
# Outstanding		40.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company N.V.	Common Shares	—	Direct		40.0000

End of Corporate Summary Report for Lealand Finance Company B.V.

Page 60 of 76

Lummus Alireza Ltd Co
Saudi Arabia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		35,000.0000
# Shares Issued		35,000.0000
# Outstanding		35,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Alireza, Alawi Mahmood	Common Shares	—	Direct		735.0000
Alireza, Yousuf	Common Shares	—	Direct		735.0000
CB&I Lummus B.V.	Common Shares	—	Direct		33,530.0000

End of Corporate Summary Report for Lummus Alireza Ltd Co

Lummus Catalyst Company Ltd.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,500.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Lummus Technology Inc.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Lummus Catalyst Company Ltd.

Page 61 of 76

Lummus Novolen Technology GmbH
GERMANY

Capital Structure — NonDerivative


Security Name		Capitalization in Euros
Type		Common
# Shares Authorized		25,000.0000
# Shares Issued		25,000.0000
# Outstanding		25,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Lummus GmbH	Capitalization in Euros	—	Direct		25,000.0000

End of Corporate Summary Report for Lummus Novolen Technology GmbH

Lummus Russia B.V.
The Netherlands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		18,000.0000
# Shares Issued		18,000.0000
# Outstanding		18,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		18,000.0000
CMP Holdings B.V.	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Lummus Russia B.V.

Page 62 of 76

Lummus Technology B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		272,270.0000
# Shares Issued		54,454.0000
# Outstanding		54,454.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		54,454.0000

End of Corporate Summary Report for Lummus Technology B.V.

Lummus Technology Heat Transfer B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		22,690.0000
# Shares Issued		4,538.0000
# Outstanding		4,538.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		4,538.0000

End of Corporate Summary Report for Lummus Technology Heat Transfer B.V.

Page 63 of 76

Lummus Technology Inc.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		61,160.0000
# Outstanding		61,160.0000

Owners

There are no entries in this list

End of Corporate Summary Report for Lummus Technology Inc.

Lutech Resources B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		900.0000
# Shares Issued		180.0000
# Outstanding		180.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		180.0000

End of Corporate Summary Report for Lutech Resources B.V.

Page 64 of 76

Lutech Resources Canada Ltd.
Alberta

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		Unlimited
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		100.0000

End of Corporate Summary Report for Lutech Resources Canada Ltd.

Lutech Resources Inc.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for Lutech Resources Inc.

Page 65 of 76

Lutech Resources Limited
London

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,000.0000
# Shares Issued		1,000.0000
# Outstanding		1,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		1,000.0000

End of Corporate Summary Report for Lutech Resources Limited

Matrix Engineering, Ltd. (MANAGED BY HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.)
Texas

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Howe-Baker Holdings, L.L.C.	Percentage Ownership Interest	—	Direct		99.9000
Howe-Baker International	Percentage Ownership Interest	—	Direct		0.1000
Management, LLC

End of Corporate Summary Report for Matrix Engineering, Ltd. (MANAGED BY HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.)

Page 66 of 76

Matrix Management Services, L.L.C.
Delaware

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Matrix Engineering, Ltd. (MANAGED BY HOWE-BAKER INTERNATIONAL MANAGEMENT, L.L.C.)	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Matrix Management Services, L.L.C.

Neo Creator Co, Limited
Bangkok Metropolis, Thailand

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1,499.0000
# Shares Issued		1,499.0000
# Outstanding		1,499.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Common Shares	—	Direct		998.0000
Chueasoey, Pongyuth	Common Shares	—	Direct		1.0000
Malawan, Anawat	Common Shares	—	Direct		1.0000
Manasarn, Thansammorn	Common Shares	—	Direct		1.0000
Poonithet, Adisak	Common Shares	—	Direct		1.0000
Sensupa, Satit	Common Shares	—	Direct		1.0000
Traisarnsri, Chairat	Common Shares	—	Direct		1.0000
Vasinwatanapong, Pattara	Common Shares	—	Direct		1.0000
VPPW Business Consultant Ltd.	Common Shares	—	Direct		494.0000

End of Corporate Summary Report for Neo Creator Co, Limited

Page 67 of 76

Netherlands Operating Company B.V.
The Hague

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		910.0000
# Shares Issued		182.0000
# Outstanding		182.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		182.0000

End of Corporate Summary Report for Netherlands Operating Company B.V.

Novolen Technology Holdings C.V.
The Hague

Capital Structure — NonDerivative


Security Name		Units of Ownership
Type		Common
# Shares Authorized		0.0000
# Shares Issued		0.0000
# Outstanding		0.0000

Owners

There are no entries in this list

End of Corporate Summary Report for Novolen Technology Holdings C.V.

Page 68 of 76

Oasis Supply Company Anstalt
Vaduz, Liechtenstein

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CBI Eastern Anstalt	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for Oasis Supply Company Anstalt

Oasis Supply Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Page 69 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		2.0000
Moon, Andrew	Common Shares	—	Direct		0.0000
Ridley, Timothy	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Oasis Supply Company, Ltd.

Oceanic Contractors, Inc.
Delaware

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100,000.0000
# Shares Issued		45,720.0000
# Outstanding		45,720.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company	Common Shares	—	Direct		45,720.0000
Rebikoff, Dimitri I.	Common Shares	—	Direct		0.0000

End of Corporate Summary Report for Oceanic Contractors, Inc.

OOO CB&I Lummus
Moscow

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		1.0000
# Shares Issued		1.0000
# Outstanding		1.0000

Page 70 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
CB&I Oil & Gas Europe B.V.	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for OOO CB&I Lummus

Oxford Metal Supply Limited
United Kingdom

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		100.0000
# Shares Issued		100.0000
# Outstanding		100.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Aldinger, Thomas L.	Common Shares	—	Direct		0.0000
CB&I Constructors Limited	Common Shares	—	Direct		99.0000
McKenzie, J. Robert	Common Shares	—	Direct		1.0000

End of Corporate Summary Report for Oxford Metal Supply Limited

P.T. Chicago Bridge & Iron
Indonesia

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		6,624.0000
# Shares Issued		1,656.0000
# Outstanding		1,656.0000

Owners

There are no entries in this list

End of Corporate Summary Report for P.T. Chicago Bridge & Iron

Page 71 of 76

Pacific Rim Material Supply Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Owners

Ownership

Name

Security Name

Underlying Security

Form

Current Holdings

Chicago Bridge & Iron (Antilles) N. V.

Common Shares

—

Direct

2.0000

Denton, Shaun

Common Shares

—

Direct

0.0000

Palmer, Simon

Common Shares

—

Direct

0.0000

End of Corporate Summary Report for Pacific Rim Material Supply Company, Ltd.

Sarida Offshore Company
Unknown

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Sarida Offshore Company

Page 72 of 76

Sarida Offshore Company
B.W.I.

Capital Structure — NonDerivative


Security Name		Percentage Ownership Interest
Type		—
# Shares Authorized		—
# Shares Issued		—
# Outstanding		—

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Lummus Technology Inc.	Percentage Ownership Interest	—	Direct		100.0000

End of Corporate Summary Report for Sarida Offshore Company

Sarida Offshore Company
B.W.I.

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Sarida Offshore Company

Page 73 of 76

Sarida Offshore Company
B.W.I.

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Sarida Offshore Company

Sarida Offshore Company

B.W.I.

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Sarida Offshore Company

Southern Tropic Material Supply Company, Ltd.
Cayman Islands

Capital Structure — NonDerivative


Security Name		Common Shares
Type		Common
# Shares Authorized		50,000.0000
# Shares Issued		2.0000
# Outstanding		2.0000

Page 74 of 76

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron (Antilles) N. V.	Common Shares	—	Direct		2.0000

End of Corporate Summary Report for Southern Tropic Material Supply Company, Ltd.

Tank Constructors Limited
London

Capital Structure — NonDerivative

There are no entries in this list

Owners

There are no entries in this list

End of Corporate Summary Report for Tank Constructors Limited

WOODLANDS INTERNATIONAL INSURANCE COMPANY
Ireland

Capital Structure — NonDerivative


Security Name		Ordinary
Type		Common
# Shares Authorized		5,000,000.0000
# Shares Issued		860,000.0000
# Outstanding		860,000.0000

Owners


			Ownership
Name	Security Name	Underlying Security	Form	Current Holdings
Chicago Bridge & Iron Company B.V.	Ordinary	—	Direct		860,000.0000

Page 75 of 76

End of Corporate Summary Report for WOODLANDS INTERNATIONAL INSURANCE COMPANY

End of Report
hCue, Powering Good Corporate Governance — brought to you by CT Corporation © 2009, a Wolters Kluwer company

Page 76 of 76

Schedule 6.9 — Pension and Postretirement Plans
In 000’s of USD Equivalent
As of December 31, 2009

CB&I reviewed the valuations of the CB&I worldwide pension and postretirement medical plans as performed by a number of actuaries (Towers Watson; Prudential; PricewaterhouseCoopers; & Lane, Clark & Peacock). From the actuarial reports, the underfunded status of $128.7MM as of December 31, 2009 was detailed as follows by country:


USA			54,789
Germany			48,202
London			25,690

			128,681

Schedule 6.17 — Environmental Matters

A (iii) A subsidiary of the Company is subject to a consent order at its former facility in New Castle, Delaware.

Other matters disclosed in the Company’s Annual Reports on Form 10-K for the years ended December 31, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 & 2009.

A (iv) The Company and its subsidiaries have operated for many years at many facilities at which there are or may have been landfills, waste piles, underground storage tanks, aboveground storage tanks, surface impoundments and hazardous waste storage facilities of all kinds, polychlorinated biphenyls (PCBs) used in hydraulic oils, electric transformers or other equipment or asbestos containing materials.

A (v) A subsidiary of the Company was a minority shareholder in a company which owned or operated wood treating facilities at sites in the United States, some of which are currently under investigation, monitoring or remediation under various environmental laws. With respect to some of these sites, the subsidiary has been named a potentially responsible party (UPRP”) under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) and similar state laws. Without admitting any liability, the subsidiary has entered into a consent decree with the federal government regarding one of these sites and has had an administrative order issued against it with respect to another. Without admitting any liability, the subsidiary has reached settlements at most sites, which require the other PRP’s to perform the environmental clean-up. In July, 1996, a judgment in favor of the subsidiary was entered in the suit Aluminum Company of America v. Beazer East, Inc. v. Chicago Bridge & Iron Company, instituted in January 1991, before the U.S. District Court for the Western District of Pennsylvania. On September 2, 1997, the United States Court of Appeals for the Third Circuit affirmed the judgment in favor of the Subsidiary. There were no further appeals.

The Company has agreed to indemnify parties to whom it has sold facilities for certain environmental liabilities arising from acts occurring before the dates those facilities were transferred.

Other matters disclosed in the Company’s Annual Reports on Form 10-K for the years ended December 31, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005 2006, 2007, 2008 & 2009.

Schedule 7.3 (N) — Existing Restrictions
As of March 31, 2010


1	CBI Constructors Pty Limited	(Borrower)
	HSBC Bank	(Bank)

	Restriction/Condition	Borrower undertakes to obtain the consent of the Bank in writing prior to the remittance of monies by way of a loan or dividend.

2	CBI Constructors S.A. (Pty) Limited	(Borrower)

	Restriction/Condition	As a non-resident controlled company, Borrower must be capitalized in an amount not less than one third of its shareholders’ loan funds. Dividend payment are subject to 12.5% secondary tax.

Schedule 7.3 (S) — Permitted Restricted Payments
As of March 31, 2010

None