Mandatory Notification of Trade


January 07, 2009, Oslo, Norway:  Group President Marine of Petroleum Geo-Services ASA, Rune Eng has on January 07, 2009 bought 10,000 shares in Petroleum Geo-Services ASA (PGS) at a price of NOK 33.40.
 
Following the transaction, Rune Eng owns 27,874 shares in Petroleum Geo-Services ASA and 150,000 stock options.
 
*****
Petroleum Geo-Services is a focused geophysical company providing a broad range of seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. The company also possesses the world's most extensive multi-client data library. PGS operates on a worldwide basis with headquarters at Lysaker, Norway.
 
For more information on Petroleum Geo-Services visit www.pgs.com.
 
 
 ****
 
 
GlobeNewswire