Misinformation about rig project

Reference is made to an article in the Norwegian newspaper Finansavisen on 5 October 2004, in which it is speculated that DNO will participate in a project for the construction of a jack-up drilling rig.

DNO is continuously evaluating new investment opportunities. If the Board of Directors of DNO ASA resolves to invest in new projects, the market is informed about this according to the rules that apply to listed companies.

DNO finds it regrettable that Finansavisen contributes to considerable misinformation to the market through a newspaper article, of which the sources of its speculative contents must be assumed to be various players whose intention it is to work against the company.