Following settlement on 11 April 2011 of the new bond issue (ISIN NO 001060618.9 & NO 001060619.7) which was announced 31 March 2011, the company has bought-back the following outstanding bonds:
DNO05 (ISIN NO 0010270523) USD 67,700,000 - remaining outstanding USD 17,300,000.
DNO06 (ISIN NO 0010283724) NOK 178,500,000 - remaining outstanding NOK 107,500,000.
DNO07 (ISIN NO 0010283732) NOK 129,000,000 - remaining outstanding NOK 52,500,000.
DNO11 PRO (ISIN NO 0010478019) USD 61,100,000 - remaining outstanding USD 1,300,000.
DNO12 PRO (ISIN NO 0010478027) USD 41,500,000 - remaining outstanding USD 300,000.
Oslo, 14 April 2011
DNO International ASA
Corporate Communications
This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act)