SOURCE: Petroleum Geo-Services ASA

September 15, 2008 09:37 ET

MANDATORY NOTIFICATION OF TRADE

LYSAKER, NORWAY--(Marketwire - September 15, 2008) - Jon Erik Reinhardsen, President & CEO in Petroleum Geo-Services ASA, has on September 15th 2008 bought 5,000 shares in Petroleum Geo-Services ASA at a price of NOK 89,80 per share.

Following the transaction, Jon Erik Reinhardsen owns 15,000 shares and 150,000 options in Petroleum Geo-Services ASA.


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