Electromagnetic Geoservices ASA

Share Issue/Capital Change • Jun 28, 2016

EMGS ASA - Share capital increase registered

EMGS ASA - Share capital increase registered

Reference is made to the stock exchange notice published by Electromagnetic

Geoservices ASA (EMGS) on 9 June 2016 including the minutes from the Company's

Annual General Meeting (AGM). At the AGM it was resolved to increase the share

capital by NOK 1.25 in order to prepare for the share consolidation.

The share capital increase has been completed and registered with the Norwegian

Register of Business Enterprises.

The Company's new registered share capital is NOK 327,941,390, consisting of

1,311,765,560 shares with a par value of NOK 0.25 per share.

For further information, please contact:

Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2023634]