Moody's affirms IGSS "B2"; outlook "Negative"

IG Seismic Services PLC

MOODY`S AFFIRMS IG SEISMIC SERVICES RATING 'B2'; OUTLOOK 'NEGATIVE'

Moscow, 27 April 2016

Moody's Investor Service, one of the most influential rating agencies in the world, confirmed long-term corporate credit rating B2, outlook "Negative" of IG Seismic Services PLC (LSE: IGSS), the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally.

On 16 January, 2015 Moody's affirmed the 'В2' rating and revised the outlook to 'Negative'.

According to Moody's, the B2 rating is supported by IGSS's still fairly stable operating and financial performance. Moody's expects that the company will retain adequate profitability despite increasing pressure from rising inflation.

Analysts do not exclude the possibility of stabilising the outlook on the ratings in the future.

Ratings information can be found on Moody's Web site at www.moodys.com 

Contacts

For further information please visit www.igseis.com or contact:

IGSS Investor Relations

+ 7 495 580 7882

query@igseis.com

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