Wavefield Inseis ASA

Wavefield Inseis ASA Oslo, May 30th 2008; Total new share registered capital in Wavefield Inseis ASA following the stock option exercise is 5.174.190,44 shares at a nominal value of NOK 0,04 per share, representing 129.354.761 shares. The new share capital was registered in the Company Register in Brønnøysund May 30th 2008.

Wavefield Inseis ASA Oslo May 30th, 2008. Reference is made to the statement posted on 28.05.2008. The payment has been determined based on a selling price of NOK 39.4751 per share.

Wavefield Inseis ASA Oslo, Norway, May 28th, 2008: Notice is hereby given by the board of directors of an annual general meeting in Wavefield Inseis ASA on

Wavefield Inseis ASA On Wednesday 28 May 2008 employees of the Company exercised 316,250 options. The Company's share capital is to be increased by NOK 12.650,00 from NOK 5.161.540,44 to NOK 5.174.190.,44, by issuing 316,250 new shares at par value NOK 0.04. Total new number of shares will be 129.354.761.