Oslo, 14 November 2014 - DNO ASA ("DNO") announces that on 14 November 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.73 per synthetic share based on the closing price on 13 November 2014:
| Name | Position | Synthetic shares purchased | Total holding of synthetic shares |
| Anita Hjerkinn Aarnæs | Director Human Resources | 2 289 | 13 289 |
| Nicholas Atencio | VP Corporate Controls and Chief Risk Officer | 2 583 | 12 125 |
| Bjørn Dale | President and Managing Director | 4 399 | 16 902 |
| Daljit Gill | General Manager Kurdistan | 2 110 | 17 275 |
| Oliver Girardot | Advisor to the President and Managing Director | 1 292 | 8 407 |
| Tore Lilloe-Olsen | VP Exploration | 3 764 | 4 900 |
| Ståle Monstad | Director Subsurface | 2 086 | 9 516 |
| Trond Myrseth | VP Operations | 2 420 | 15 158 |
| Scott North | General Manager Yemen | 1 850 | 11 900 |
| Michel Pick | General Manager Tunisia | 2 928 | 16 084 |
| Haakon Sandborg | VP Chief Financial Officer | 1 093 | 7 114 |
| Per Øyvind Stene | Group Finance Manager | 1 476 | 6 651 |
| Andreas Strand | Advisor to the President and Managing Director | 1 348 | 4 151 |
| David Thorpe | General Manager Ras Al Khaimah | 3 565 | 3 565 |
Oslo, 14. November 2014
DNO ASA
Corporate Communications
This information is subject to disclosure pursuant to section 5-12 of the Norwegian Securities Trading Act.