Mandatory Notification of Trade

Anne Grethe Dalane, Board Member of Petroleum Geo-Services ASA ("PGS" or "the Company"), has on February 1, 2018 bought 10 000 shares in PGS at a price of NOK 23.56 per share.

Following the transaction, Anne Grethe Dalane owns 10 000 shares in PGS.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)