Share capital registered

ASKER, NORWAY (14 May 2014) Following the stock option exercises as notified by
Oslo Stock Exchange on 8 May 2014, 37,250 new shares were today registered in
the Company Register in Brønnøysund for exercises from the 2009 stock option
plans secured by warrants. The share capital of TGS is thereafter NOK
25,897,618.50 consisting of 103,590,474 shares at a nominal value of NOK 0.25
per share. TGS holds 1,531,200 of the issued shares as treasury shares.

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



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