Asker, Norway (29 February 2012) Following the stock option exercises as notified by Oslo Stock Exchange on 23 February 2012, 50,250 new shares have now been registered in the Company Register in Brønnøysund for exercises from the 2009 stock option plans secured by warrants. 75,250 shares are transferred to cover the exercises from the 2008 plan. The share capital of TGS is thereafter NOK 25,868,656 consisting of 103,474,624 shares at a nominal value of NOK 0.25 per share. Following this transaction, TGS holds 1,741,000 of the issued shares as treasury shares.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.