MANDATORY NOTIFICATION OF TRADE

DNO International ASA (DNO) has on 22 December 2011 bought 500,000 own shares at a price of NOK 7.761 per share. Following this transaction, DNO holds 80,000,000 own shares.

The share buy back program announced on 10 August has now been completed.

Oslo, 23 December 2011

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.