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PGS ASA Major Shareholding Notification 2014

Dec 12, 2014

Major Shareholding Notification

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Notification of large shareholding

As of 12/11/2014, Manning & Napier Advisors, together

with its affiliates hold shares 10,888,235 of which

we are able to exercise the power of voting in those

securities.

Date of Trigger: 12/10/2014

Type: Shareholding Disclosure

Name of Party: Manning & Napier Advisors, LLC

Number of Shares: 10,888,235

Percentage: 5.00%