Gulf Island Fabrication, Inc.

Nasdaq Symbol GIFI

Louisiana Energy Conference

Forward-Looking Statements Disclosure

In addition to historical information, our presentation materials include certain forward-looking statements about the

Company’s future performance, growth opportunities, outlook, plans, alternatives, strategies, expectations and objectives.

These statements are based on certain assumptions and analyses made by the Company’s management in light of its

experience and its perception of historical trends, current conditions, expected future developments and other factors it

believes are appropriate under the circumstances. Such forward-looking statements are subject to uncertainties that

could cause the Company’s actual results to differ materially from such statements. Such uncertainties include but are not

limited to: volatility of the oil and gas industry, including the level of exploration, production and development activity;

risks of the Company’s growth strategy, including the risks of rapid growth and the risks inherent in acquiring businesses

and/or assets; changes in competitive factors affecting the Company’s business operations; operating hazards, including

the significant possibility of accidents resulting in personal injury, property damage or environmental matters; the

Company’s dependence on certain customers; and the potential shortages of skilled workers and of equipment and

supplies. These and other uncertainties related to the business are described in detail in the Company’s 10-K and other

filings with the Securities and Exchange Commission. Although the Company believes that the expectations reflected in

such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date

hereof. The Company undertakes no obligation to update any of its forward-looking statements for any reason.

Investment Considerations

Leading worldwide construction and fabrication contractor with proven experience Dockside integration capabilities and largest graving dock on the Gulf Coast With fabrication facilities stretching from Louisiana to South Texas, we have the largest group of fabrication facilities and

greatest fabrication capability along the Gulf Coast

3.5-4.5 million annual man hour capacity Two full service yards (TX & LA) allow for larger project capability and revenue generation Current facilities and man hour capacity can capture 100% the deep water opportunities – Tension Leg Platforms,

Mini/Micro TLPs, Compliant Towers, SPAR Concepts, FPSOs, Large Decks, and Drilling Rig dock-side modification and repair

Successfully managed through several down-cycles

Diversification • Expanded into marine/shipyard business • Expanded into alternative energy space – Wind Farm Projects

Increased ability to provide vessel repair services • Through the use of our large drydock (Louisiana), and • The only graving dock along the U.S. Gulf Coast (South Texas)

Maintained a strong balance sheet throughout industry cycles $50.1 million of cash (we expect to see this build in the near-term) $101.8 million of working capital No debt as of March 31, 2015

Capability & Experience

One of only Two Large U.S.

Fabricators

Ability to Navigate

Challenging Industry Backdrop

Description Louisiana Texas Total

Total Acreage 663 372 1,035

Developed Acreage 316 372 688

Waterfront Property (Linear ft.) 12,700 5,700 18,400

Bulkheaded (Linear ft.) 4,900 3,700 8,600

Covered Fabrication (sq. ft.) 445,000 333,000 778,000

Maintenance & Warehouse (sq. ft.) 103,300 72,800 176,100

Training & Medical (sq. ft.) 8,000 19,000 27,000

Administration Office (sq. ft.) 61,000 22,000 83,000

Strategic Locations = Competitive Bidder

Strategic Gulf Coast Locations

Texas Yard Louisiana Main Yard

Combined Location Statistics = Deep Water Fabrication and Construction Contracts

Combined facility capabilities coupled with 3.5 to 4.5 million man hour capacity allows Gulf Island to compete with the other fabricators

Shallow Water Capabilities

Jackets of any Size Topsides

With its multiple locations, GIFI can provide 100% of shallow water production solutions

Deepwater Capabilities – 100% of Deep Water Production Solutions

Tension Leg Platforms of Any Size Large Decks & Topsides

SPAR Concept Compliant Towers

FPSOs

Deep Water Rig Repair/Retrofit

With its extensive yards, dockside integration capability and the largest graving dock on the Gulf Coast – GIFI can provide 100% of deep water production solutions Deep Water currently over 62% of backlog

Marine / Drydock / Vessel Repair

9000-ton capacity dry dock with 140’ between the wing walls

Located at mile 34.5 on the Houma Navigational Canal which has a 15-foot draft

Advanced automated technology, including panel line, cutting tables, girder beam welding facility and blasting and painting facilities Dry Dock

1,200 Foot Jacket for Walter Oil & Gas

Deck / Topside

Quarters

Topsides

Jackets Topsides

Modules

Deck Section for Walter Oil & Gas

Gulf Island LLC

Williams Gulfstar 1 Hull inside Graving Dock (Delivered First classic spar hull ever built in the U.S.)

GMF

Delivered a 300 Class Liftboat

Gulf Island Marine

Balance Sheet (March 31, 2015)

March 31, 2015 ($ Thousands)

ASSETS Current Assets:

Cash and cash equivalents 50,100 $ Total current assets 153,300

Property, plant, and equipment, net 220,400 Total assets 374,300 $

LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities:

Total current liabilities 51,500 $ Long term debt (including current maturities) 0

Total liabilities 89,500 Total shareholders' equity 284,900

Total liabilities and shareholders' equity 374,400 $

Selected Balance Sheet Information • Cash = $50.1M

• Working Capital = $79.8M

• Total Assets = $374.3M

• Company has paid dividends since 2004

NASDAQ Symbol GIFI

Gulf Island Fabrication