Five-for-One Stock Split

PARIS, June 2  /PRNewswire-FirstCall/ -- The five-for-one split announced on May 15th, 2008 of CGGVeritas (ISIN: 0000120164 - NYSE: CGV) ordinary shares listed on Euronext Paris will take effect on Monday, June 2nd 2008 after market close and trading will begin on a split-adjusted basis on Tuesday, June 3rd, 2008 at the opening of the Paris stock exchange. On June 3rd:

  - The market price of the CGGVeritas shares listed on Euronext
    Paris will be divided by 5.

  - The number of outstanding shares will be multiplied by 5 and
    will be raised to 137,641,135 shares having a par value of EUR0.40
    each, the total amount of capital remains unchanged.

  - An ADS listed on the NYSE will have one to one parity with
    an ordinary share listed on Euronext Paris.




This transaction doesn't require any specific formalities from CGGVeritas shareholders.

About CGGVeritas

CGGVeritas (http://www.cggveritas.com/) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry. CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGV).

The information included herein contains certain forward-looking statements within the meaning of Section 27A of the securities act of 1933 and section 21E of the Securities Exchange Act of 1934. These forward-looking statements reflect numerous assumptions and involve a number of risks and uncertainties as disclosed by the Company from time to time in its filings with the Securities and Exchange Commission. Actual results may vary materially.

  Investor Relations Contacts:

  Paris:
  Christophe Barnini,
  Tel: [phone],
  E-Mail:  ;

  Houston:
  Hovey Cox,
  Tel: [phone],
  E-Mail:  .


DATASOURCE: CGGVeritas



CONTACT:  Investor Relations Contacts: Paris:  Christophe Barnini,  Tel:

[phone],  E-Mail:  ; Houston: Hovey Cox,

Tel: [phone], E-Mail:  .

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