DNO International ASA - Disclosure of large shareholdings - flagging

As of 16th 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 116.829.469 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 12,91 % of the votes in DNO International ASA. Companies controlled by Berge G. Larsen further own 45.302.504 shares in DNO International ASA, equalling 5% of the shares in the company. In total this represents 17,91% of the shares in DNO International ASA.
 
 
 
 
DNO International ASA
June 16, 2008