Board Approves IFRS Financial Statements for 2015

March 14, 2016: The Board of Directors of Petroleum Geo-Services ASA ('PGS' or the 'Company') approved the 2015 annual financial statements prepared in accordance with International Financial Reporting Standards ("IFRS") on March 11, 2016. 

The Company reported its IFRS unaudited fourth quarter and preliminary full year 2015 results on February 15, 2016. There were no material changes to the consolidated statements of profit and loss or the statements of financial position compared to those presented on February 15, 2016.

The Company will make available an electronic version of the 2015 annual report to shareholders at the latest four weeks before the Annual General Meeting scheduled for May 11, 2016.

Bård Stenberg, VP IR & Corporate Communications
Mobile:  +47 99 24 52 35


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.