PGS ASA

Report Publication Announcement • Feb 11, 2015

Petroleum Geo-Services ASA : CORRECTION - Webcast and Conference Call Contact Details for PGS' Fourth Quarter 2014 Results

Petroleum Geo-Services ASA : CORRECTION - Webcast and Conference Call Contact Details for PGS' Fourth Quarter 2014 Results

IN THE INVITATION SENT OUT JANUARY 22, 2015 THE  AFTERNOON CONFERENCE CALL

CENTRAL EUROPEAN TIME WAS SAID TO START AT 4:00 PM CET, THE CORRECT TIME IS

3:00 PM CET. EVERYTHING ELSE IS UNCHANGED.

February 11, 2015: OSLO, NORWAY, Petroleum Geo-Services ASA ("PGS" or the

"Company") will release its fourth quarter 2014 results on Thursday, February

12, 2015 at approximately 8:00 am Central European Time (CET).

A presentation is scheduled the same day at 9:00 am CET at PGS' headquarters at

Lilleakerveien 4C, Oslo, Norway. The event will be webcasted live and available

for replay shortly after. A corresponding conference call is also set up for the

presentation scheduled at 9:00 am CET. Contact details for this service is

listed below.

An additional conference call is scheduled the same day at 3:00 pm CET. Contact

details for this service is listed below.

The earnings release concerning the fourth quarter 2014 results and a

corresponding slide presentation will be posted on www.newsweb.no and on PGS'

web site www.pgs.com.

To watch the webcast over the internet, please visit PGS' web site, www.pgs.com,

at least 10 minutes early to register and to download and install any necessary

software.

To access the conference call scheduled at 9:00 am CET, please dial-in at the

number provided below, corresponding to your location. The conference ID is

880287

Location Dial-In Number

Norway (toll free) 800 51 011

Norway (toll) 21 00 69 15

International (toll) +44 (0)20 3367 9433 or +1 917 286 8055

UK (toll free) 0800 279 6899

US (toll free) 1 866 268 1186

The telephone will be open for questions at the conclusion of management's

remarks. A digital replay will be available shortly after the conference call

and until February 19, 2015. The access number for this service is 6517652.

Please access the replay by dial-in at the number provided below.

Location Dial-In Number

Norway (toll) +47 21 00 04 98

UK (toll) +44 (0)20 3427 0598

US (toll) +1 347 366 9565

To access the conference call scheduled at 3:00 pm CET, please dial-in at the

number provided below, corresponding to your location. The conference ID is

Location Dial-In Number

Norway (toll free) 800 51 011

Norway (toll) 21 00 69 15

International (toll) +44 (0)20 7984 7578 or +1 917 286 8056

UK (toll free) 0800 279 5728

US (toll free) 1866 566 3545

The telephone will be open for questions at the conclusion of management's

remarks. A digital replay will be available shortly after the conference call

and until February 19, 2015. The access number for this service is 3902527.

Please access the replay by dial-in at the number provided below.

Location Dial-In Number

Norway (toll) +47 21 00 04 98

UK (toll) +44 (0)20 3427 0598

US (toll) +1 347 366 9565

****

FOR DETAILS, CONTACT:

Bård Stenberg, VP IR & Corporate Communications

Phone:  +47 67 51 43 16

Mobile:  +47 99 24 52 35

Petroleum Geo-Services is a focused marine geophysical company providing a broad

range of seismic and reservoir services, including acquisition, processing,

interpretation, and field evaluation. The company also possesses the world's

most extensive MultiClient data library. PGS operates on a worldwide basis with

headquarters at Lilleaker Oslo, Norway.

For more information on Petroleum Geo-Services visit www.pgs.com.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1893508]