DNO International ASA - Agreements - Sale of sh...

("DNO" or "the Company")


Reference is made to the stock exchange release from DNO dated 13
October 2009, concerning a Share Purchase Agreement ("the Agreement")
for sale of up to 6 million shares in Det norske oljeselskap ASA
("Detnor") to Aker ASA ("Aker").

Under the Agreement, DNO sold one million shares in Detnor to Aker
with immediate completion. Completion of the sale of the remaining 5
million shares will be made today at the agreed price of NOK 49,90
per share.  Following this transaction, DNO's new shareholding in
Detnor will be 9,231,255 shares, representing 14,22% of outstanding
shares.

DNO International ASA
5 November, 2009


Contact:

Media:
Helge Eide, MD DNO International ASA   Telephone:    [phone]
Ketil Jørgensen, Crux Communication    Telephone     [phone]
(Norway)
Ben Willey, Buchanan Communications    Telephone:    [phone]
(UK)

Investor Relations:
Haakon Sandborg, CFO DNO International Telephone:    [phone]
ASA


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.