DNO International ASA - Extension of Option Con...

On 15 December, 2008, DNO extended an American call option contract
on 16.000.000 DNO shares with a strike price of NOK 2,00 per share.
The new expiry date is 13 January, 2009 and the option premium paid
is NOK 0,0313.


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
16 December, 2008


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.