IGSS Signed Agreement with Otkritie FC Bank

IG Seismic Services PLC

IGSS SIGNED AGREEMENT WITH OTKRITIE FC BANK

Moscow, 04 August 2015

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, announced the signing of a new credit line facility in the amount of 6.5 billion rubles to refinance the existing obligations.

Public Joint Stock Company Bank «Otkritie Financial Corporation » provided a new credit line facility to Public Joint Stock Company «GEOTECH Seismic Services» in the amount of 6.5 billion rubles maturing 29 July 2022.

Following the receipt of funds from PJSC Bank «Otkritie FC » the Group's total debt amount will remain unchanged as credit line will be used to refinance existing obligations.

GEOTECH Seismic Services is the largest Russian geophysical land and transition-zone seismic exploration company, providing services for high quality seismic data acquisition, processing and interpretation to oil and gas companies in all Russia's oil and gas provinces, in the CIS and abroad.

GEOTECH Seismic Services is a member of IG Seismic Services PLC (IGSS), 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 traded on the Main Market of the London Stock Exchange under the ticker IGSS. The Company has 58 seismic crews, 28 operational bases and regional departments in all major hydrocarbon regions. IGSS' IFRS Revenue for the 2014 amounted to RUB 19.6 billion.

Contacts

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

IGSS Investor Relations

Alla Muzhzhevleva

+ 7 495 580 7882

[email protected]

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