TGS - Approved merger of TGS-NOPEC and Wavefield Inseis


OSLO - 19 OCTOBER, 2007 -.  Reference is made to recent notifications to the market regarding the joint review following TGS-NOPEC's October 8th press release.
 
TGS-NOPEC has willingly complied in all respects with the joint review and sees no factual or legal basis for the merger not to be brought to a successful conclusion.  Accordingly, TGS-NOPEC is prepared to vigorously defend the approved merger plan between TGS-NOPEC and Wavefield Inseis.
 
For more information, please contact:
 
Arne Helland
Chief Financial Officer
Tel: +47 66 76 99 31/+47 91 88 78 29
Email: arne.helland@tgsnopec.no

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