Disposal

IG Seismic Services PLC

NOTICE

Moscow, December 15, 2017

IG Seismic Services PLC ("IGSS" or the "Company", LSE: IGSS), the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, in accordance with its obligations and disclosure requirements under DTR and the Market Abuse Regulation, the Company makes the following disclosure on results of the controlled entities transactions:

1. On ceasing of Company's 100% control and right to dispose 385 400 296 739 voting shares of the issued share capital of PJSC "Geotech Seismic Services".

2. On ceasing of Company's 100% control and right to dispose 100 voting shares of the issued share capital of JSC "GEOTEC Holding".

The name of the entity acquired 100% participation share and right of disposal of 100% voting shares in legal entities mentioned above - the Central Bank of the Russian Federation (the "Bank of Russia") through its controlled entity - Public Joint-Stock Company "Bank Otkritie Financial Corporation".

The date of transactions - 13.12.2017 (Source: Interfax).

For further information please visit www.igseis.com or contact:

IGSS Corporate relations

+ 7 495 580 7882

[email protected] 

This document may contain "forward-looking statements" which include all statements other than statements of historical fact. Such forward-looking statements can often be identified by words such as "plans", "expects", "intends", "estimates", "will", "may", "continue", "should" and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the IG Seismic Services plc's (the "Company") control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as at the date as of which they are made, and neither the Company, nor any of its respective agents, employees or advisors intends or has any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. The information and opinions contained in this document are provided as at the date of this document or as otherwise specified herein and are subject to change without notice.