Mandatory Notification of Trade

Daniel J. Piette, Vice Chairperson of the Board of Petroleum Geo-Services ASA ("PGS" or "the Company"), has on October 31, 2017 bought 2 000 ADRs in PGS at a price of USD 1.65 per ADR.

Following the transaction, Daniel J. Piette owns 12 000 ADRs in PGS.

  

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