Interim Management Statement

IG Seismic Services PLC

IG SEISMIC SERVICES ANNOUNCES INTERIM FINANCIAL AND OPERATIONAL HIGHLIGHTS FOR THE NINE MONTHS OF 2012

Moscow, January 21, 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, announced today its interim financial and operational highlights for the nine months period ended September 30, 2012. The financial data are based on management assessment only and have not been reviewed by external auditors.

9 months 2012 Financial Highlights

·; Revenue amounted to USD 464.9 million

·; EBITDA amounted USD 68.5 million with an EBITDA margin of 14.7%

·; Net cash generated from operating activities amounted to USD 103.7 million

·; Capital expenditure for the nine months 2012 amounted to USD 29.9 million

·; As of September 30, 2012, net debt amounted to USD 329.3 million (gross debt amounted to USD 349.6 million, cash and cash equivalents amounted to USD 20.3 million)

9 months 2012 Operating Highlights

·; 1,368 thousand shot points were performed, out of which 220 thousand related to 2D surveys and 1,148 thousand to 3D surveys

·; 9,914 linear kilometers related to 2D surveys, and 18,291 thousand square kilometers related to 3D surveys were performed

·; As of September 30, 2012 the Company operated 75 field crews in Russia, Kazakhstan and certain other countries with 231,575 channels, 158 vibroseis sources, 204 pulse sources and 672 drilling units

Order Book Update as of September 30, 2012 (including VAT)

·; Total order book as of September 30, 2012 was 5% higher in Ruble terms compared to the total order book as of September 30, 2011**.

Order Book Update as of January 10, 2013 (including VAT)

·; Total order book as of January 10, 2013 is 14% higher in Ruble terms compared to the total order book as of January 10, 2012**.

·; The Group is still in the process of contracting for 2013 which implies that current order book does not yet provide an accurate indication of revenues in 2013 and current order book trends could change.

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*Signed contracts may be subject to renegotiation of volumes and/or other terms or even cancellation, and both signed contracts and tenders won may not proceed as originally planned at all.

**Order book data for September 30, 2011 and January 10, 2012 represents a sum of order books of two entities existing before their combination in December 2011 (JV between Integra Group and Schlumberger and CJSC GEOTECH Holding). Order books were not consolidated at that time.

Contacts

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

IGSS Investor Relations

Olga Popova

+ 7 495 580 7882 ext. 395

[email protected]

IGSS Media Relations

Victoria Smirnova

+ 7 495 580 7882 ext. 396

[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.