Wavefield Inseis ASA (OSL:WAVE) Oslo, Norway, 12th December 2008

The following primary insiders of Wavefield Inseis ASA "Wavefield" have today accepted to exchange shares in Wavefield for shares in Compagnie Générale de Géophysique-Veritas SA ("CGG") under the terms of the offer launched by CGG and as set forth in the offer document published on 25 November 2008:

Carl Rune Berg - acceptance for 57 000 of Wavefield shares held personally comprising all his shares in Wavefield. Following the acceptance, Carl Rune Berg holds personally 0 shares in Wavefield and 57 500 options giving right to acquire 57 500 shares in Wavefield.

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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