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Electromagnetic Geoservices ASA

Share Issue/Capital Change Dec 21, 2015

3587_rns_2015-12-21_984b561d-5d39-4b9b-b55a-34bae76d10c9.html

Share Issue/Capital Change

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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 16 December 2015 regarding the completion of the

offering of 1,112,000,000 new shares, each with a par value of NOK 0.25, at a

subscription price of NOK 0.25 per share (the "Rights Issue").

The share capital increase pertaining to the 1,112,000,000 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 327,941,389, consisting of

1,311,765,555 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#1975110]

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