Petroleum Geo-Services ASA : Mandatory notification of trade by primary insider

Joanna Oustad, Senior Vice President HSEQ in Petroleum Geo-Services ASA("PGS" or
"the Company"), has on October 24, 2014 bought 5 000 shares in PGS at a price of
NOK 34.59 per share.

Following the transaction, Joanna Oustad owns 15 161 shares in PGS.

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



[HUG#1865802]