Electromagnetic Geoservices ASA

Director's Dealing • May 21, 2015

EMGS - Mandatory notification of trade by CFO

EMGS - Mandatory notification of trade by CFO

Svein Knudsen, CFO and primary insider of Electromagnetic Geoservices ASA

(EMGS), has today, 21 May 2015 bought 75,000 shares in EMGS at an average price

of NOK 1.93 per share.

After this transaction, Mr. Knudsen holds 352,694 shares in EMGS and 510,000

options.

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 explorationists 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 main offices in Trondheim and Oslo,

Norway; Houston, USA; and Kuala Lumpur, Malaysia.

For more information, visit www.emgs.com

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1923279]