TGS ASA — Director's Dealing 2010

Nov 18, 2010

18 November, 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: | |
| --- | --- | --- | --- | --- | --- |
| | | | | Shares | Stock Options |
| strike price: NOK 70.80 | strike price: NOK 78.66 | NOK | | | |
| Kim Abdallah | 8,750 | 8,750 | 100.2055 | 14,200 | 17,500 |
| John Adamick | 8,750 | 8,750 | 100.2055 | 35,000 | 26,250 |
| Jeremy Berry | 17,500 | 14,500 | 100.2055 | 3,000 | 17,500 |
| Robert Hobbs | 12,500 | 12,500 | 100.2055 | 24,500 | 97,500 |
| Rod Starr | 8,750 | 8,750 | 100.6721 | 24,220 | 75,750 |