DNO International ASA - Disclosure of large shareholdings - flagging

As of 18th June 2008, Berge G. Larsen, chairman of the board of directors of DNO International ASA, has been assigned voting rights in connection with this year's annual general meeting scheduled to take place on the 18th June 2008, based on proxies for a total of 269.765.025 shares in DNO International ASA. The proxies apply exclusively to this year's annual general meeting in DNO International ASA. This entails that Berge G. Larsen has proxies holding voting rights of 29,8 % of the votes in DNO International ASA.
DNO International ASA
June 18, 2008