Public offer for Exploration Resources ASA (NO) by Compagnie Générale de Géophysique (FR) — NOK 2.2 million

Carnegie acted as adviser to Exploration Resources ASA in respect of a public offer from Fugro NV. Compagnie Générale de Géophysique (CGG) launched a friendly counter offer which was 17 percent above the Fugro offer, and proceeded with a mandatory offer to all shareholders. The company was subsequently delisted. Exploration Resources is a leading provider of marine seismic services to the global oil and gas industry with focus on towed seismic, multiclient seismic services, and 4C/4D/ seabed logging operations.October, 2005.