Electromagnetic Geoservices ASA

EMGS: Board of directors approves audited financial statements and annual report for 2018

The board of directors of Electromagnetic Geoservices ASA ("EMGS" or the

"Company") has today approved EMGS' 2018 annual financial statements and annual

report.

There are no material changes in the financial statements compared to the

preliminary and unaudited full year results presented by the Company on 30

January 2019.

EMGS' annual report for 2018 is enclosed to this stock exchange notification.

Contact

Hege Veiseth, EMGS Chief Financial Officer, +47 992 16 743

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)

technology to support oil and gas companies in their search for offshore

hydrocarbons. EMGS supports each stage in the workflow, from survey design and

data acquisition to processing and interpretation. The Company's services enable

the integration of EM data with seismic and other geophysical and geological

information to give exploration experts a clearer and more complete

understanding of the subsurface. This improves exploration efficiency and

reduces risks and the finding costs per barrel.

EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston,

Mexico City, Rio de Janeiro and Kuala Lumpur.

For more information, visit www.emgs.com (http://www.emgs.com)

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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