Mandatory Notification of Trade

Larsen Oil & Gas AS, a company controlled by Chairman of the Board of DNO Berge Gerdt Larsen, has today bought 100 000 shares in DNO International ASA at a price of NOK 8,1975 per share.

Following this transaction, companies controlled by Berge Gerdt Larsen holds 30 286 342 shares in DNO, representing 3.19% of total shares in the Company

Oslo, 23 November 2010

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act)