PGS ASA — Director's Dealing 2014

Oct 24, 2014

Petroleum Geo-Services ASA : Mandatory notification of trade by primary insider

Petroleum Geo-Services ASA : Mandatory notification of trade by primary insider

Joanna Oustad, Senior Vice President HSEQ in Petroleum Geo-Services ASA("PGS" or

"the Company"), has on October 24, 2014 bought 5 000 shares in PGS at a price of

NOK 34.59 per share.

Following the transaction, Joanna Oustad owns 15 161 shares in PGS.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1865802]