Yemen Blocks

Reference is made to the information reported in the media today regarding the award of Block 48 in Yemen to DNO International ASA.  The Company can report that DNO has signed a Memorandum of Understanding (MoU) which gives the Company exclusive rights to negotiate a Production Sharing Agreement (PSA) for Block 48. Negotiations aimed at finalizing a PSA for Block 48 between the Company and Yemen authorities will be initiated. 

Furthermore, and with reference the previous reports of the entry of Total  Exploration E&P Yemen into Block 72, this  has now been approved by the Yemen authorities.

Oslo, 4 October 2010

DNO International ASA
Corporate Communications

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