IGSS Announces the Change in Its Shareholders

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, announces change in its shareholders.

Nyala Investments Limited, which represents the interest of Volga Group (formerly known as Volga Resources), has sold its 13% stake in IGSS. The stake has been purchased by a company within the Industrial Investors Group.

Nikolaу Levitskiy, IGSS’ CEO, has thanked Volga Resources for their contribution in the Company’s development and said that he was confident that the new shareholders would be satisfied with their investment in a hi-tech Company which is rapidly developing.

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On the Internet, GEOTEK JSC discloses information provided by the Government of the Russian Federation on the securities market on the page of the accredited news agency INTERFAX-CRCI LLC.

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