Participants in the Company`s share option program have on May 10th 2011 exercised a total number of 19 999 options.
Following the exercise, 19 999 shares will be transferred from Petroleum Geo-Services holding of own shares.
Subsequent to the transaction Petroleum Geo-Services ASA holds 351 876 own shares.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Petroleum Geo-Services ASA via Thomson Reuters ONE