The following persons which are deemed primary insiders have on 27 June 2008 subscribed for shares in Spectrum ASA, a wholly owned subsidiary of GGS ASA, at NOK 18,63 per share:

 

 

 

Solan Capital AS is wholly owned by Gunnar Hvammen, board member in GGS ASA

 

None of the above owns any shares in Spectrum ASA as of today.

For further information please contact CFO Jon A. Elde at Global Geo Services ASA at +47 23 01 49 76.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).