MANDATORY NOTIFICATION OF TRADE

DNO International ASA (DNO) has on 15 December 2011 bought 500,000 own shares at a price of NOK 7.76 per share. Following this transaction, DNO holds 77,500,000 own shares. The transaction is part of the share buy back program announced on 10 August this year. Oslo, 16 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. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: DNO International ASA via Thomson Reuters ONE [HUG#1571877]