ASKER, NORWAY (28 June 2010) - TGS announces 1 July 2010 as the official start date for the company's new Chief Financial Officer, Kristian Johansen.  Kristian's appointment had been announced earlier; however he has been prevented from fully engaging with TGS due to commitments with his previous employer.

Robert Hobbs, Chief Executive Officer of TGS, commented, "I am pleased to have Kristian join our executive team.  He not only brings to TGS a broad range of experience but he also has a proven record for financial oversight, investor relations and treasury activities. We look forward to his contribution towards the continued success and growth of TGS."

Most recently, Mr. Johansen was the Executive Vice President and CFO of EDB Business Partner in Oslo, which is one of the largest IT groups in the Nordic region.  Mr. Johansen also has experience in the construction, banking, and oil industries.  A native of Norway, Kristian earned his undergraduate and Masters degrees in business administration from the University of New Mexico in 1998 and 1999.