MANDATORY NOTIFICATION OF TRADE

DNO International ASA (DNO) has on 9 December 2011 bought 2,000,000 own shares at a price of NOK 8.358 per share. Following this transaction, DNO holds 74,000,000 own shares.

The transaction is part of the share buy back program announced on 10 August this year.

Oslo, 12 December 2011

DNO International ASA
Corporate Communications

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

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Source: DNO International ASA via Thomson Reuters ONE

HUG#1570467