DNO ASA: Mandatory Notification of Trade

Oslo, 6 February 2015 - DNO ASA ("DNO") announces that on 6 February 2015 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.37 per synthetic share based on the closing price on 5 February 2015:

Name Position  Synthetic shares purchased Total holding of synthetic shares
Anita Hjerkinn Aarnæs Director Human Resources 2 351 15 640
Nicholas Atencio VP Corporate Controls and Chief Risk Officer 2 692 14 817
Christian Reegård Dalby Senior Legal Counsel & Corporate Secretary 1 121 3 520
Bjørn Dale President and Managing Director 4 517 21 419
Daljit Gill General Manager Kurdistan 3 023 20 298
Oliver Girardot Advisor to the President and Managing Director 1 325 9 732
Kathrine Heiersjø Group Controller 149 149
Amzy Hibler Deputy Chief Financial Officer 3 853 3 853
Ståle Monstad Director Subsurface 2 142 11 658
Scott North General Manager Yemen 2 151   14 051
Michel Pick General Manager Tunisia 3 331 19 415
Haakon Sandborg VP Chief Financial Officer 1 121 8 235
Per Øyvind Stene Group Finance Manager 1 416 8 067
Andreas Strand Advisor to the President and Managing Director 1 384 5 535
David Thorpe General Manager Ras Al Khaimah 4 144 7 709
Claes Åbyholm Chief Legal Officer and General Counsel 1 962 1 962

Oslo, 6. February 2015

DNO ASA
Corporate Communications

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