CGGVeritas Wavefield offer gains approval

CGGVeritas' voluntary exchange tender offer for 100% of the shares of Wavefield Inseis has received formal approval from the Oslo Stock Exchange.

Offshore staff

PARIS -- CGGVeritas' voluntary exchange tender offer for 100% of the shares of Wavefield Inseis has received formal approval from the Oslo Stock Exchange.

The offer will be open until Friday, Dec. 12. In the context of this offer, CGGVeritas will offer eligible Wavefield shareholders one newly issued CGGVeritas share for each seven Wavefield shares.

12/01/2008

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