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Wavefield Inseis ASA (OSL:WAVE) Wavefield Inseis Earnings Release Presentation Third Quarter 2008

Wavefield Inseis ASA (OSL:WAVE) Oslo, Norway, 23 October 2008. Wavefield Inseis ASA will release its 2008 third quarter financial results on Tuesday 28 October 2008 at approximately 08.00 am CET.

An investor/analyst presentation has been scheduled the same day at 10-12.00am CET at Hotel Continental, Stortingsgaten 24/26, Oslo.

Wavefield Inseis' CEO Atle Jacobsen and CFO Erik Hokholt will host a conference call scheduled the same day at 3.00 pm CET.

PARTICIPANTS DIAL-IN TELEPHONE NUMBERS

Norway Free Call: 800 19 640 UK Toll Free: 0800 028 1299 International Toll: +44 (0) 20 7806 1967

Please use the following code to enter the conference call: Conf ID: 6854088 (Participants will have to quote the above code when dialing into the conference).

Encore replay

Encore Replay Access Number: 6854088# International Dial In/ UK Local +44 (0)20 7806 1970 www.wavefield-inseis.com For further information contact: Erik Hokholt, CFO, Wavefield Inseis ASA Tel: +47 67 82 84 09, Email: erik.hokholt@wavefield-inseis.com Bente Tomasik, IR ass., Wavefield Inseis ASA Tel: +47 67 82 84 21, Email: bente.tomasik@wavefield-inseis.com

About Wavefield Inseis ASA Wavefield Inseis ASA is a Norwegian marine geophysical company providing proprietary data acquisition services and offers a portfolio of non-exclusive Multi Client data to the global exploration community, developed in partnership with oil companies and governments. Our range of products includes long offset 2D, high capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with highly specified vessels and the latest seismic equipment, including our OPTOWAVE(TM) multi-component ocean bottom cable (4C OBC) system for permanent seismic 4D monitoring that uses optical sensor technology. We are also in the process of launching a new concept for EM acquisition and data analysis. From our main offices in Bergen and Oslo, Norway, and our other locations in London, Houston, Singapore and Perth, Wavefield Inseis has a global reach, with activities world wide.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Wavefield Inseis ASA

http://www.wavefield.no

ISIN: NO0010295504
Stock Identifier: XOSL.WAVE

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Wavefield Inseis ASA

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