DNO ASA - Mandatory notification of trade

Purchase of treasury shares
On July 21th 2006, DNO ASA purchased 690.000 DNO shares at a price of NOK 10,428 per share.
Following this transaction, DNO ASA holds 17.673.960 treasury shares. In addition, DNO ASA holds options for purchase of 80.000.000 DNO shares.
July 24th, 2006