Electromagnetic Geoservices ASA

AGM Information • Dec 2, 2014

EMGS - Notice of extraordinary general meeting

EMGS - Notice of extraordinary general meeting

Notice is hereby given of an extraordinary general meeting of Electromagnetic

Geoservices ASA (EMGS) in the Company's offices on the 7th floor of Dronning

Mauds gt 15, 0250 Oslo to be held on 23 December 2014 at 08:00 a.m.

Siem Investments Inc., which is a shareholder of EMGS and represents more than

one tenth of the Company's share capital, has pursuant to Section 5-7 of the

Norwegian Public Limited Companies Act requested that the Board of EMGS summons

an extraordinary general meeting in order to consider the election of new

members of the Board. Also, Perestroika AS, which is a shareholder of EMGS and

represents more than one twentieth of the Company's share capital, has requested

an extraordinary general meeting in order to consider the election of new

members of the Board.

The requests from the two shareholders will be treated in the same extraordinary

general meeting.

The calling notice has today been distributed electronically or by post to all

shareholders with a known address. It is also available on EMGS's website.

Please find attached the calling notice and appendixes.

Contacts

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

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#1876177]