TGS ASA - Director's Dealing 2020

TGS Shares received by Board of Directors

ASKER, NORWAY (14 May 2020) - The Annual General Meeting of TGS held on 12 May

2020, approved that each of the Directors, other than the Chairman, should

receive 1650 restricted shares in the Company as part of their compensation. The

shares were transferred to the Directors on 14 May 2020. The attachment shows

the number of restricted shares awarded on 12 May 2020 and the total number of

shares held by each of the Directors. The Company has distributed the restricted

shares to the Directors from its balance of treasury shares. Following the

transfer of restricted shares to the Directors, TGS holds 2.002.750 of the

issued shares as treasury shares.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

For additional information about this press release please contact:

Sven Børre Larsen

Tel: +47 90 94 36 73

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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