PGS ASA — Director's Dealing 2014

Nov 5, 2014

Petroleum Geo-Services ASA : Mandatory notification of trade by Board Member Dan Piette

Petroleum Geo-Services ASA : Mandatory notification of trade by Board Member Dan Piette

Dan Piette, Board Member of Petroleum Geo-Services ASA ("PGS" or "the Company"),

has on November 4, 2014 bought 2 000 shares (in the form of American Depository

Receipts) in PGS at $4.85 per share.

Following the transaction Dan Piette owns 9 000 shares in PGS.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1868687]