CGGVeritas provides its vessel utilization and its fleet allocation updates for the first quarter of 2010.

Vessel utilization for the first quarter 2010: • The vessel availability rate(1) was 90%. This compares to a 86% availability rate in the fourth quarter of 2009 and a 93% rate in the first quarter of 2009. • The vessel production rate(2) was 92%. This production rate compares to a 83% rate in the fourth quarter of 2009 and a 89% rate in the first quarter of 2009.

Fleet allocation update for the first quarter 2010: During the first quarter of 2010, the company's 3D vessels were allocated 79% to contract and 21% to multi-client programs.

1 - The vessel availability rate, a metric measuring the structural availability of our vessels to meet demand; this metric is related to the entire fleet, and corresponds to the total vessel time reduced by the sum of the standby time, of the shipyard time and the steaming time (the ¡§available time¡¨), all divided by total vessel time;

2 - The vessel production rate, a metric measuring the effective utilization of the vessels once available; this metric is related to the entire fleet, and corresponds to the available time reduced by the operational downtime, all then divided by available time.

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