Deutsche Bank Appointed as Successor Depositary Bank for the Level I American Depositary Receipt Program of Petroleum Geo

  Deutsche Bank Appointed as Successor Depositary Bank for the Level I
  American Depositary Receipt Program of Petroleum Geo-Services ASA

Business Wire

NEW YORK & OSLO, Norway -- March 27, 2013

Deutsche Bank today announced its appointment as the successor depositary bank
for the Level I American Depositary Receipt (ADR) program of Petroleum
Geo-Services ASA (PGS).

PGS is a focused marine geophysical company providing a broad range of seismic
and reservoir services, including acquisition, processing, interpretation, and
field evaluation. The Company’s MultiClient data library is among the largest
in the seismic industry, with modern 3D coverage in all significant offshore
hydrocarbon provinces of the world. PGS operates on a worldwide basis with
headquarters at Lysaker (Oslo) Norway, and with other regional centers in
London, Houston and Singapore. The PGS share is listed on the Oslo stock
exchange (OSE: PGS).*

Edwin Reyes, Head of Depositary Receipts at Deutsche Bank, said, “We welcome
PGS to our depositary receipts platform. This notable mandate demonstrates
Deutsche Bank’s commitment to Norway and we are pleased to utilize our broad
range of customized services to assist PGS in enhancing the visibility of its
ADR program with the investor community."

*Source: Petroleum Geo-Services ASA (March 2013)

About Deutsche Bank Trust & Securities Services

Deutsche Bank’s Trust & Securities Services business, part of Global
Transaction Banking, is one of the leading providers of trustee, agent,
depositary, registrar, SPV management and related services for a wide range of
financial structures and transactions. It is a leading depositary for American
and Global Depositary Receipts, providing value-added services to companies
raising capital in international markets or listing on the New York, NASDAQ,
London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of
depositary receipts. It also offers both mutual and alternative fund
administration and provides securities custody, clearing and agency lending
services from a global network spanning more than 30 markets. Additional
details are available on www.adr.db.com or www.tss.db.com.

This announcement appears as a matter of record only. This announcement has
been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the "Act"). The investment or investment service which
is the subject of this notice is not available to retail clients as defined by
the UK Financial Services Authority. This notice has been approved and/or
communicated by Deutsche Bank AG London. The services described in this notice
are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its
subsidiaries and/or affiliates in accordance with appropriate local
registration and regulation. Deutsche Bank is providing the attached notice
strictly for information purposes and makes no claims or statement, nor does
it warrant or in any way represent, as to the accuracy or completeness of the
details contained herein or therein. This announcement appears as a matter of
record only. Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other issuer or
entity for the purchase or sale of any securities nor does it constitute a
solicitation to any person in any jurisdiction where solicitation would be
unlawful. No part of this notice may be copied or reproduced in any way
without the prior written consent of Deutsche Bank. Past results are not an
indication of future performance. Copyright© March 2013 Deutsche Bank AG. All
rights reserved.

Issued by press department       Internet: http://www.db.com
of Deutsche Bank AG NY           http://www.db.com/press
60 Wall Street, New York, NY   E-Mail: press-media-relations.americas@db.com
10005
Phone +1 212 250 7171            

Contact:

Deutsche Bank AG
Press & Media Relations
Duncan King, +1-212-250-4864
duncan.king@db.com
 
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