Petroleum Geo-Services to Present Preliminary, Unaudited 2003 Results in New York City


MARCH 10, 2004: OSLO, NORWAY - Petroleum Geo-Services ASA ("PGS" or the "Company") (OSE: PGS; OTC: PGEOY) expects to announce its preliminary, unaudited fourth quarter and year-end 2003 financial results at approximately 3:00 p.m. Central European Time (CET) (9:00 a.m. Eastern Time (ET)) on Tuesday, March 16, 2004, before the Oslo Stock Exchange closes and prior to trading in the United States.
 
In conjunction with its preliminary, unaudited fourth quarter and year-end 2003 results announcement, Chief Executive Officer, Svein Rennemo, and Chief Financial Officer, Gottfred Langseth, will present the Company's financial results at a breakfast meeting in New York City on Thursday, April 1, 2004, at the Inter-Continental Hotel The Barclay New York, 111 East 48th Street, in the North Parlor I and II, 2nd floor, from 8:00 a.m. to 9:30 a.m. Eastern Time.
 
To make your reservation (RSVP) for this breakfast presentation meeting, please fax the reply form to Suzanne McLeod at +1 281-589-1482 or send an e-mail to suzanne.mcleod@pgs.com by Monday, March 29, 2004.
 
Confirm your attendance by completing the reply form below.  Reply by Monday, March 29, 2004.
 
Please Print or Type:
Name:                                                                                                                                                                                
Title:                                                                                                                                                                                  
Company:                                                                                                                                                                          
Telephone:                                                                                                                                                                         
Fax:                                                                                                                                                                                    
E-Mail:                                                                                                                                                                              
 
****
 
Petroleum Geo-Services is a technologically focused oilfield service company principally involved in geophysical and floating production services.  PGS provides a broad range of seismic- and reservoir services, including acquisition, processing, interpretation, and field evaluation.  PGS owns and operates four floating production, storage and offloading units (FPSOs).  PGS operates on a worldwide basis with headquarters in Oslo, Norway.  For more information on Petroleum Geo-Services visit www.pgs.com.
 
--END--