CGG Press Releases

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December 16, 2010

CGG Announces Future Marine Joint Venture with Petrovietnam

PARIS, France – December 16th 2010 CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today that it has signed a term sheet with Petrovietnam Technical Services Corporation (PTSC) to create a 2D/3D marine joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters. The joint venture will provide seismic data acquisition services for the oil and gas clients operating locally in Vietnam and the region.

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December 16, 2010

CGG Announces Enhanced Profitability Plan

Increased focus on operational performance, costs reductions and technology differentiation $150 million positive impact on operating income by 2012 PARIS, France – December 16th 2010 CEO Jean-Georges Malcor and his Executive Committee presented a companywide plan today to improve profitability and reinforce the leading position of CGGVeritas in high-end seismic technology and solutions. This plan is driven by a recently appointed executive team, operating a leaner organization that was put in place mid October.

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November 9, 2010

CGG Announces Third Quarter 2010 Results

Revenue Sequentially Stable at $656m Group Operating Income Contracted to 4% Backlog Strengthening PARIS, France – 9 November 2010 CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today its non-audited third quarter 2010 consolidated results. All 2009 results are reported before restructuring.

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October 20, 2010

CGG Announces its Third Quarter 2010 Results Conference Calls

PARIS, France - October 20th 2010 CGGVeritas (ISIN: 0000120164 - NYSE: CGV) will announce its third quarter 2010 results on Tuesday, November 9th 2010. A press release will be available on our website: www.

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October 11, 2010

Termination of the Liquidity Contract

Compagnie Générale de Géophysique-Veritas (CGGVeritas) Société Anonyme with a share capital of € 60,566,650 Registered office: Tour Maine Montparnasse, 33 avenue du Maine, 75015 Paris Paris Trade and Company Register No. : 969 202 241 Paris, October 11, 2010: A tacitly renewable liquidity contract on Euronext Paris was signed between CGGVeritas and Crédit Agricole Cheuvreux for a period of one (1) year as of July 4, 2007.

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October 8, 2010

CGG Provides its Vessel Utilization Update for the Third Quarter 2010

PARIS, France – October 8th 2010 CGGVeritas (ISIN: 0000120164 – NYSE: CGV) provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: The vessel availability rate1 was 87%.

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