Enclosed please find the minutes of the annual general meeting of DNO ASA on 22 June 2004. All resolutions were made in accordance with the Board of Directors' proposal sent out together with the notice of the annual general meeting.
To ensure that the total distribution to shareholders does not exceed unrestricted equity stated in the most recent confirmed balance sheet the ordinary dividend for 2004 has been set at NOK 0,50 per share and 1 share in DNO ASA for each 27 shares
The presentation made by Group Managing Director Helge Eide at the annual general meeting can be found on DNO ASA's web site.
22 June 2005
Group Managing Director
Minutes of the annual general meeting can be downloaded from the following link: