Confirmation of Share Capital Increase

Reference is made to the stock exchange announcement dated 18 November 2010 regarding the completed Private Placement of shares in DNO.

The company has received confirmation that the share capital increase of NOK 11 250 000 from NOK 226 214 228 to NOK 237 464 228 by issue of 45 000 000 new shares at a face value of NOK 0.25 per share has been registered by the Register of Business Enterprises (Foretaksregisteret).

Oslo, 19 November 2010

DNO International ASA
Corporate Communications


This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)