TGS-NOPEC 1st Quarter 2001 Financials vs Consensus


TGS-NOPEC has been informed by TDN-Finans, a Norwegian News agency, that the analysts' consensus of expected Net Revenues for the 1st quarter is NOK 192,8 million. TGS-NOPEC expects Net Revenues to be approximately 20% higher than the consensus estimates.

TGS-NOPEC will announce the 1st quarter 2001 financial results on May 10th at 08,00 Norwegian time. The presentation will be streamed live on the internet at www.financialhearings.com. Questions can be submitted during the presentation for the Q&A session by e-mail to tgs@ose.no. The presentation will be linked to our website www.tgsnopec.no.