DNO ASA - Mandatory notification of trade

Purchase of treasury shares
On July 24th 2006, DNO ASA purchased 1.000.000 DNO shares at a price of NOK 10,738 per share.
Following this transaction, DNO ASA holds 18.673.960 treasury shares. In addition, DNO ASA holds options for purchase of 80.000.000 DNO shares.
July 25th, 2006