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TGS ASA Director's Dealing 2010

Aug 19, 2010

3774_dirs_2010-08-19_59fb083a-a191-466c-aeaa-d41f57a5b55e.pdf

Director's Dealing

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August 19th, 2010 Stock Option exercised and shares sold by Primary insiders TGS:

| | from 2008
Plan | from 2009
Plan | Shares sold

| Price per

Share sold | Balance held thereafter: | |
| --- | --- | --- | --- | --- | --- | --- |
| | strike price: NOK 70.80 | strike price: NOK 78.66 | NOK | | Shares | Stock Options |
| David Hicks | 17,500 | - | 17,500 | 87.70 | - | 65,500 |
| Mike Duchin | 5,000 | - | 5,000 | 87.70 | - | 21,000 |

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TGS ASA — Director's Dealing 2010

3774_dirs_2010-08-19_59fb083a-a191-466c-aeaa-d41f57a5b55e.pdf

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TGS ASA Director's Dealing 2010