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PGS ASA Director's Dealing 2017

Nov 1, 2017

Director's Dealing

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Petroleum Geo-Services ASA: Mandatory Notification of Trade

Daniel J. Piette, Vice Chairperson of the Board of Petroleum Geo-Services ASA

("PGS" or "the Company"), has on October 31, 2017 bought 2 000 ADRs in PGS at a

price of USD 1.65 per ADR.

Following the transaction, Daniel J. Piette owns 12 000 ADRs in PGS.

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.