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Regulatory press release

Magseis Fairfield ASA: Notification of trade by close associate of primary insider

(Oslo, 1 December 2022) See attached notification form on behalf of TGS ASA in
connection with shares tendered in the mandatory offer for shares in Magseis
Fairfield ASA.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


For further information, please contact:

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@magseisfairfield.com

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Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS)
technology and data acquisition projects. The company has a flexible business
model with full scale node operations, as well as lease and sale models. The
Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined
with handling systems and source technology enables market leading deployment
speed and highly cost-efficient acquisition of data with exceptional quality.
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