CGG 2006 Operating Revenues

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Comp Gen Geophys	NYSE:GGY	NYSE	Ordinary Share

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CGG 2006 Operating Revenues

14/02/2007 2:28pm

PR Newswire (US)

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CGG 2006 Operating Revenues: USD 1,670 Million, Up 54% PARIS, February 14 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN: 0000120164 - NYSE: CGV) today announces unaudited consolidated revenues for CGG in 2006 (prior to the Veritas merger) of EUR1,330 million ($1,670 million), an increase of 53% in euro terms and 54% in dollar terms compared to revenues of EUR870 million ($1,081 million) for 2005. Commenting on these results, Chief Executive Officer Robert Brunck stated "In 2006, the revenues of the CGG group, prior to the merger with Veritas, increased as we expected by more than 50%, in a favorable market and thanks in particular to the successful integration of Exploration Resources and the success encountered by Sercel's new products. We thus confirm that we will meet our operating results objectives for 2006." The audited financial results of CGG for 2006 will be published by CGGVeritas on March 8, 2007. 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 CGGVeritas from time to time in its filings with the Securities and Exchange Commission. Actual results may vary materially. Contact : Christophe BARNINI +33-1-64-47-38-10 Email : DATASOURCE: CGG Veritas CONTACT: Contact : Christophe BARNINI +33-1-64-47-38-10, Email :

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