DNO International ASA - Mandatory Notification ...

On 6 October, 2008, DNO extended an American call option contract on
20.000.000 DNO shares with a strike price of NOK 2,00 per share. The
new expiry date is 10 November, 2008 and the option premium paid is
NOK 0,5377.

DNO simultaneously exercised a call option to purchase 20.000.000 DNO
shares at a strike price of NOK 2,50 per share.

Following these transactions, DNO has increased its holdings of
treasury shares by 20.000.000 to 43.873.960 treasury shares. The
Company holds options for purchase of 60.000.000 DNO shares.


DNO International ASA
7 October, 2008


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