Wavefield Inseis ASA : WAVE Mandatory Notification of Trade

Oslo, Norway, January 26, 2009
The following primary insider  of Wavefield Inseis ASA  ("Wavefield")
has accepted to  sell shares  in Wavefield to  Compagnie Générale  de
Géophysique-Veritas SA  ("CGGV") under  the  terms of  the  mandatory
offer document, published on December 30th 2008.

Richard William Donoghue- acceptance for 492,667 of Wavefield  shares
held personally comprising all his shares in Wavefield. Following the
acceptance, Richard William  Donoghue- holds personally  0 shares  in
Wavefield and 75,000 options giving right to acquire 75,000 shares in
Wavefield.

For further information, contact:
Bente Tomasik, IR assistant, Wavefield Inseis ASA
Email: [e-mail], Tel; [phone]


About Wavefield Inseis ASA
Wavefield Inseis ASA is a Norwegian marine geophysical company
providing proprietary data acquisition services and offers a
portfolio of non-exclusive Multi Client data to the global
exploration community, developed in partnership with oil companies
and governments. Our range of products includes long offset 2D, high
capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with
highly specified vessels and the latest seismic equipment, including
our OPTOWAVE(TM) multi-component ocean bottom cable (4C OBC) system
for permanent seismic 4D monitoring that uses optical sensor
technology. We are also in the process of launching a new concept for
EM acquisition and data analysis. From our main offices in Bergen and
Oslo, Norway, and our other locations in London, Houston, Singapore
and Perth, Wavefield Inseis has a global reach, with activities
worldwide.


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