Compagnie Generale de Geophysique (CGG) is a provider of geophysical services and manufacturer of geophysical equipment. The Company provides geophysical services principally to oil and gas companies that use seismic imaging to help explore for, develop and manage oil and gas reserves. CGG's operations are organized into two segments: Services and Products. Services accounted for approximately 64% and Products accounted for approximately 36% of the Company's consolidated revenues for the year ended December 31, 2005. CGG generate revenues on a worldwide basis. In 2005, approximately 34% of the Company's consolidated revenues were from the Americas, 34% from the Middle East and Asia-Pacific region, 22% from Europe and Commonwealth of Independent States (CIS) and 10% from Africa. On July 27, 2005, CGG established a company in Russia, CGG Vostok, which will undertake seismic services. In September 2005, the Company acquired Exploration Resources ASA (Exploration Resources), a Norwegian provider of marine seismic acquisition services. Services The Company's services are organized into three strategic business units (SBUs): Land SBU, Offshore SBU and Processing & Reservoir SBU. CGG has also established a network of country managers responsible for promoting its entire spectrum of products and services in its main markets, focusing on providing solutions to client problems. The Company is a land seismic contractor outside North America, particularly in difficult terrain. As of December 31, 2005, CGG had 12 land crews performing specialized three-dimensional (3D) and two-dimensional (2D) seismic surveys, all of which were recording data. Revenues from the Company's Land SBU accounted for approximately 14% of its revenues in 2005. Land seismic acquisition includes all seismic surveying techniques where the recording sensor is either in direct contact with, or in close proximity to, the ground. CGG's Land SBU offers integrated services, including the acquisition and onsite processing of seismic data on land, in transition zones and on the ocean floor (seabed surveys). The Company's land seismic crews are equipped with advanced equipment and software used in each stage of the land seismic acquisition process, including the Sercel 408UL seismic data recorders, which feature 24-bit digital recording technology; Geoland quality control software, which is used to verify that the location of field data points during a survey corresponds to their theoretical position; the Sercel VE 432 vibrator electronic control system, used to synchronies and verify the emission of acoustical waves by vibrators, and Geocluster software, used for onsite processing and quality control of acquired data. CGG has developed partnerships with local seismic acquisition companies in several countries (Kazakhstan, Indonesia and Libya). In Saudi Arabia, the Company's land seismic acquisition activities are conducted through Arabian Geophysical & Surveying Co. (Argas), a joint venture owned 49% by it and 51% by TAQA, its local partner. The Company provides a range of 3D marine seismic services, principally in the Gulf of Mexico, the North Sea, and off the coasts of West Africa and Brazil, as well as in the Asia-Pacific region. Revenues from CGG's Offshore SBU accounted for approximately 37% of its revenues in 2005. Exploration Resources provides marine seismic services to the global oil and gas industry Exploration Resources' activities consist of delivering 2D and 3D seismic surveys, as well as seabed surveys through its subsidiary Multiwave. Multiwave is a Norwegian seismic company specializing in seabed seismic operations and electromagnetic seabed logging (EM SBL). CGG provides seismic data processing and reservoir services through its network of 30 data processing centers and reservoir teams located around the world. Revenues from the Company's Processing & Reservoir SBU accounted for approximately 13% of its revenues in 2005. CGG's seismic data processing operations transform seismic data acquired in the field into 2D cross

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