Arctic Securities engaged as financial advisor

Reference is made to the stock exchange notice from DNO International ASA on 4 July 2011 in relation to a proposed merger of RAK Petroleum's MENA operating subsidiaries into DNO ahead of London listing.

DNO has engaged Arctic Securities ASA as financial advisor to assist DNO in connection with the proposed merger to secure the interests of all stakeholders of the Company.

Oslo, 12 July 2011

DNO International ASA
Corporate Communications

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