DNO International ASA - Mandatory Notification ...

("DNO" or "the Company")


On 27 April, 2009, DNO exercised a call option to purchase 40.000.000
DNO shares at a price of NOK 2,00 per share.

DNO simultaneously sold 40.000.000 DNO shares at a price of NOK 5,90
per share.

DNO further purchased an American call option for 40.000.000 DNO
shares at a strike of NOK 2,50 per share, with an option premium of
NOK 3,5518 per share and expiry date 25 June, 2009.

DNO also issued a European put option for 40.000.000 DNO shares at a
strike of NOK 2,50 per share, with an option premium of NOK 0,10 per
share and expiry date 25 June, 2009.

Following this transaction, DNO holds 4.000.000 treasury shares. The
Company holds options for purchase of 56.000.000 DNO shares.


DNO International ASA
28 April, 2009


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


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