IGSS announces bonds issue

IG Seismic Services PLC

PJSC GEOTECH SEISMIC SERVICES WILL PLACE TWO

ISSUES OF 5-YEAR BONDS FOR RUR 6 BILLION

Moscow, July 26, 2013

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, announces that PJSC Geotech Seismic Services (the largest company of GEOTECH Holding CJSC, the managing company for IGSS assets) adopted a decision to place two debut issues of 5-year bonds for the total amount of RUR 6 billion.

The Board of Directors of PJSC Geotech Seismic Services (the largest company of GEOTECH Holding CJSC, the managing company for IGSS assets) adopted a decision to place two debut issues of 5-year bonds of series 1 and 2, for the total amount of RUR 6 billion.

The bonds will be issued by means of open subscription in two issues of RUR 3 bln each. Bond par value is RUR 1 thousand. The bonds have an option of early redemption at the discretion of the issuer and upon the request of the bond owners.

CJSC VTB Capital and CJSC SBERNBANK CIB will be the managing banks for the bonds issue. The underwriters for the bonds issue can be the above mentioned managing banks, as well as any of the banks listed below: OJSC Gazprombank, CJSC Raiffeisen Bank, OJSC Sviaz-Bank, OJSC Otkritie Bank, OJSC NOMOS-BANK, OJSC Alfabank.

GEOTECH HOLDING CJSCis the largest Russian land and transition-zone seismic exploration company, providing services for high quality seismic data acquisition, processing and interpretation to oil and gas companies primarily in Russia and the CIS.

GEOTECH Holding is owned by IG Seismic Services PLC (IGSS), and is the managing company for IGSS assets. In its present form, IG Seismic Services is a synergistic union of operating seismic companies, previously incorporated in Integra, GEOTECH Holding and Schlumberger in Russia and the CIS, and is a leading pure play, land and transition-zone seismic exploration company, primarily servicing clients in Russia and the CIS, and is one of the largest seismic exploration companies in the world. IG Seismic Services Global Depositary Receipts are listed and traded on the Main Market of the London Stock Exchange under the ticker IGSS. The Company has 75 seismic crews, 28 operational bases and regional departments in all major hydrocarbon regions. IGSS' IFRS Revenue for the 2012 amounted to USD 608.5 million.

Schlumberger (owns 12% of the IG Seismic Services PLC) is the largest oilfield services company in the world, providing a wide spectrum of services in the area of oil and gas field exploration (geological exploration, well construction, well workovers, equipment manufacturing). The company has operations in more than 80 countries, including Russia and Kazakhstan.

Contacts

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

IGSS Media Relations

Victoria Smirnova

+ 7 495 580 7882 ext. 396

[email protected] 

IGSS Investor Relations

Olga Popova

+ 7 495 580 7882 ext. 129

[email protected] 

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