DNO ASA: Mandatory Notification of Trade

Oslo, 22 August 2014- DNO ASA ("DNO") announces that on 22 August 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 15.17 per synthetic share based on the closing price on 21 August 2014:

Name	Position	Synthetic shares purchased	Total holding of synthetic shares
Anita Hjerkinn Aarnæs	Director Human Resources	1974	11000
Nicholas Atencio	VP Corporate Controls and Chief Risk Officer	2264	9542
Christian Dalby	Senior Legal Counsel & Corporate Secretary	357	2399
Bjørn Dale	President and Managing Director	2266	12503
Daljit Gill	General Manager Kurdistan	1920	15165
Oliver Girardot	Advisor to the President and Managing Director	1169	7115
Tore Lilloe-Olsen	VP Exploration	1136	1136
Ståle Monstad	Director Subsurface	1889	7430
Trond Myrseth	VP Operations	2191	12738
Scott North	General Manager Yemen	1614	10050
Michel Pick	General Manager Tunisia	2529	13156
Haakon Sandborg	VP Chief Financial Officer	990	6021
Per Øyvind Stene	Corporate Financial Controller	1058	5175
Andreas Strand	Advisor to the President and Managing Director	1127	2803

Oslo, 22. August 2014

DNO ASA
Corporate Communications

This information is subject to disclosure pursuant to section 5-12 of the Norwegian Securities Trading Act.

---

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DNO ASA via Globenewswire

HUG#1850469