Electromagnetic Geoservices ASA

Share Issue/Capital Change • Jul 17, 2017

EMGS - Share capital increase registered

EMGS - Share capital increase registered

Reference is made to the stock exchange notice published by Electromagnetic

Geoservices ASA (EMGS) on 7 July 2017 regarding the completion of the offering

of 58,634,735 new shares, each with a par value of NOK 1.00, at a subscription

price of NOK 2.45 per share (the "Rights Issue").

The share capital increase pertaining to the 58,634,735 new shares issued in the

Rights Issue has today been registered with the Norwegian Register of Business

Enterprises.

The Company's new registered share capital is NOK 91,428,874, consisting of

91,428,874 shares with a par value of NOK 1.00 per share.

For further information, please contact:

Hege Veiseth, CFO, +47 99 21 67 43

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.