PGS: Mandatory Notification of Trade

Anne Grete Dalane, Board member of PGS has on January 31, 2019 bought 8 000
shares in PGS at a price of NOK 18.97 per share. Following the transaction, Anne
Grete Dalane owns 18 000 shares in PGS.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)