DNO International ASA - Financial Information

DNO International ASA

 

("DNO" or "the Company")

 

 

Financial Information

 

Final financial statements for 2009

 

The Board of Directors of DNO has today approved the consolidated financial statements, the parent company's financial statements and the Board of Directors' report for 2009. DNO's net loss for 2009 is NOK 269.6 million, which is identical with the preliminary results released in the stock exchange notice dated 17 February, 2010.

 

The Company hereby releases its audited annual report for 2009. The auditor's report for 2009 is unqualified but includes an emphasis of matter. The annual report is attached and it is also available on the Company's website www.dno.no.

 

First quarter 2010

 

DNO will release the interim report for the first quarter of 2010 on 11 May. The Company's production figures for the first quarter were released to the market on 19 April, 2010. Based on this information as well as other information currently available, the Company expects that its main financials for the first quarter of 2010 will show operating revenue of approximately NOK 250 million, EBIT of approximately NOK 90 million and a net profit of approximately NOK 10 million.

 
DNO International ASA
29 April, 2010
 
 
This information is subject to the disclosure requirements in ยง5-12 vphl (Norwegian Securities Trading Act)