July 2, 2014: OSLO, NORWAY, Petroleum Geo-Services ASA ("PGS" or the "Company") will release its second quarter and first half 2014 results on Thursday, July 24, 2014 at approximately 8:00 am Central European Time (CET).

A presentation is scheduled the same day at 9:00 am CET at PGS' headquarters at Lilleakerveien 4C, 0216 Oslo, Norway. The event will be webcasted live and available for replay shortly after. A corresponding conference call is also set up for the presentation scheduled at 9:00 am CET. Contact details for this service is listed below.

An additional conference call is scheduled the same day at 3:00 pm CET. Contact details for this service is listed below.

The earnings release concerning the second quarter and first half 2014 results and a corresponding slide presentation will be posted on www.newsweb.no and on PGS' web site www.pgs.com

To watch the webcast over the internet, please visit PGS' web site, www.pgs.com, at least 10 minutes early to register and to download and install any necessary software.

To access the conference call scheduled at 9:00 am CET, please dial-in at the number provided below, corresponding to your location. The conference ID is 6503270.

Location Dial-In Number
Norway (toll free) 800 56 054
International (toll) +44 (0)20 7136 6283 or +1 212 444 0896
UK (toll free) 0800 279 4977
US (toll free) 1877 280 1254

The telephone will be open for questions at the conclusion of management's remarks. A digital replay will be available shortly after the conference call and until July 31, 2014. The access number for this service is 6503270. Please access the replay by dial-in at the number provided below.

Location Dial-In Number
Norway (toll) +47 21 00 04 98
UK (toll) +44 (0)20 3427 0598
US (toll) +1 347 366 9565

To access the conference call scheduled at 3:00 pm CET, please dial-in at the number provided below, corresponding to your location. The conference ID is 6995950.

Location Dial-In Number
Norway (toll free) 800 56 053
International (toll) +44 (0)20 3427 1913 or +1 646 254 3365
UK (toll free) 0800 279 4992
US (toll free) 1877 280 2296

The telephone will be open for questions at the conclusion of management's remarks. A digital replay will be available shortly after the conference call and until July 31, 2014. The access number for this service is 6995950. Please access the replay by dial-in at the number provided below.

Location Dial-In Number
Norway (toll) +47 21 00 04 98
UK (toll) +44 (0)20 3427 0598
US (toll) +1 347 366 9565

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Petroleum Geo-Services is a focused marine 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 MultiClient data library. PGS operates on a worldwide basis with headquarters at Lilleaker Oslo, Norway.

For more information on Petroleum Geo-Services visit www.pgs.com.

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