Mandatory notification of trade

Guillaume Cambois, EVP Imaging & Engineering in Petroleum Geo-Services ASA ("PGS" or "the Company"), has on August 3, 2016 bought 50 000 shares in PGS at a price of NOK 15.10 per share.

Following the transaction, Guillaume Cambois owns 108 555 shares in PGS.

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