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EXHIBIT 99.2
POWER OF ATTORNEY
The undersigned does hereby make, constitute and appoint William H.
White, James M. Tidwell and Richard E. Blohm, Jr., acting jointly or singly, the
undersigned's true and lawful attorney or attorneys (hereinafter referred to
individually as "Attorney" or collectively as "Attorneys") with power to act for
the undersigned and in the undersigned's name, place and stead, with or without
the other and with full power of substitution and resubstitution, for the sole
purpose of executing, making, declaring, certifying and filing on behalf of the
undersigned with the Securities and Exchange Commission, and other appropriate
governmental or private entities, any and all statements, reports and other
information required to be filed by the undersigned under the Securities
Exchange Act of 1934, as amended, or other state or federal statutes, by virtue
of or relating to the undersigned's beneficial ownership of equity securities of
Chicago Bridge & Iron Company N.V. (the "Company"), including without limitation
any Schedule 13D, any and all amendments to any such schedule, any Joint Filing
Agreement and any and all amendments thereto, any Form 3, 4 or 5 and any and all
amendments thereto, and all other documents and information incidental or
related thereto required to be executed, made or filed by the undersigned, in
the form and manner in which such Attorneys or any of them deem necessary,
appropriate, convenient or desirable to be done pursuant to and in accordance
with the authorization contained in this Power of Attorney, as fully and to all
intents and purposes as the undersigned might or could do in person, the
undersigned hereby ratifying and approving the acts of the Attorneys and each of
them.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney
on January 4, 2001.
FARINVEST LTD. ISSAM M. FARES, INDIVIDUALLY
/s/ Issam M. Fares /s/ Issam M. Fares
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By: Issam M. Fares Issam M. Fares
Title: Managing Director
FARINVEST N.V. MINEFA HOLDINGS B.V.
/s/ Issam M. Fares /s/ Issam M. Fares
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By: Issam M. Fares By: Issam M. Fares
Title: Managing Director Title: Managing Director
WEDGE ENGINEERING B.V.
/s/ Issam M. Fares
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By: Issam M. Fares
as Managing Director
of Minefa Holdings B.V.
Managing Director
of WEDGE Engineering B.V.
