TGS-NOPEC (OSL:TGS) TGS has noticed that the numbers in the section in the Earnings Release for Q3 2008 issued this morning commenting on EBIT and EBITDA for Q3 2008 relate to our previously issued Q2-2008 report.

The correct section should be::

EBIT and EBITDA Operating profit (EBIT) for the quarter of USD 75.8 million represented 44% of net revenues. This was 67% higher than the USD 45.3 million reported in Q3 2007. EBITDA (Earnings before Interest, Tax, Depreciation and Amortization) for the quarter ended September 30th was USD 125.0 million, 73% of net revenues, up 74% from USD 72.0 million in Q3 2007.

TGS apologizes for this oversight.

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

TGS-NOPEC

http://www.tgsnopec.no/

ISIN: NO0003078800

Stock Identifier: XOSL.TGS

US: Other OTC: TGSNF.PK

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