DNO ASA - Mandatory notification of trade

Purchase of treasury shares
 
On July 21th 2006, DNO ASA purchased 690.000 DNO shares at a price of NOK 10,428 per share.
 
Following this transaction, DNO ASA holds 17.673.960 treasury shares. In addition, DNO ASA holds options for purchase of 80.000.000 DNO shares.
 
DNO ASA
July 24th, 2006