S&P Placed IGSS Rating 'B' on CreditWatch Negative

IG Seismic Services PLC

STANDARD AND POOR`S PLACED IG SEISMIC SERVICES RATING 'B' ON CREDITWATCH NEGATIVE

Moscow, 22 July 2015

Standard and Poor's (S&P), one of the most influential rating agencies in the world, placed long-term corporate credit ratings 'В' on IG Seismic Services PLC (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, and on its subsidiary GEOTECH Seismic Services on CreditWatch with negative implications. S&P also placed 'ruA-' Russia national scale rating on GEOTECH Seismic Services on CreditWatch negative.

A credit rating 'В' with 'Positive' outlook was awarded on IGSS and on its subsidiary GEOTECH Seismic Services in September 2013. On 9 September 2014 S&P affirmed the 'В' rating and revised outlook to 'Stable' from 'Positive'. S&P also revised Russia national scale rating on GEOTECH Seismic Services to 'ruA-' from 'ruA'.

On 22 July 2015 S&P placed 'В' rating on IGSS and on its subsidiary GEOTECH Seismic Services on CreditWatch with negative implications. S&P also placed 'ruA-' Russia national scale rating on GEOTECH Seismic Services on CreditWatch negative.

All ratings affected by this rating action can be found on the Standard & Poor's web site at www.standardandpoors.com 

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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