DNO ASA - Mandatory notification of trade

On October 6, 2005, DNO ASA purchased 400.000 DNO shares a price of NOK 35,28 per share.
Following this transaction, DNO ASA holds 9.803.022 treasury shares. In addition, DNO ASA has entered into forward contracts to purchase 2.074.074 DNO shares and holds options for purchase of 20.000.000 DNO shares.
October 7, 2005