MANDATORY NOTIFICATION OF TRADE

Helge Eide, Managing Director of DNO International ASA, has today sold 85,000 shares in DNO International ASA at a price of NOK 8.9952 per share.

Following this transaction, Helge Eide holds 1,515,000 shares in the Company

Oslo, 29 December 2010

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)