DNO International ASA - Mandatory Notification of Trade

On 2 June, 2009, DNO International ASA ("DNO") exercised a call option to purchase 16.000.000 DNO shares at a price of NOK 2.50 per share.
DNO has simultaneously completed a sale of 10,000,000 DNO shares at a price of NOK 8.0 per share. 
Following these transactions, DNO holds 10,000,000 treasury shares, and options to purchase an additional 40,000,000 DNO shares.
This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act).
DNO International ASA
3 June, 2009