TGS-NOPEC (OSL:TGS) - Stock Options Accepted

TGS-NOPEC (OSL:TGS) The 1,030,000 stock options granted to 53 key employees on August 14th 2008 have now been accepted by the optionees. The stock options are secured by treasury shares and have an exercise price of NOK 70,80 per share.

A list of granted options to primary insiders is enclosed

For more information, contact:

Arne Helland Chief Financial Officer Tel: +47 66 76 99 31/+47 91 88 78 29 Email: arne.helland@tgsnopec.no



LINK: http://hugin.info/86869/R/1249784/271370.pdf
TGS-NOPEC

http://www.tgsnopec.no/

ISIN: NO0003078800

Stock Identifier: XOSL.TGS

US: Other OTC: TGSNF.PK