TGS ASA — Remuneration Information 2015

Nov 6, 2015

TGS Stock Options exercised

TGS Stock Options exercised

ASKER, NORWAY (6 November 2015) - 7 employees of TGS have today, exercised

in total 58,400 stock options. All options were exercised from the award in

August 2011 secured by treasury shares at an exercise price of NOK 113.80 per

share. Following the exercise TGS holds 673,600 treasury shares. TGS' share

capital is NOK 25,533,997.50 consisting of 102,135,990 shares at a nominal value

of NOK 0.25 per share.

None of the stock options were exercised by primary insiders.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1965199]