MANDATORY NOTIFICATION OF TRADE

Petrolia Invest AS has on 11 March 2011 bought 275,000 shares in DNO International ASA at a price of NOK 9.0254 per share. Berge Gerdt Larsen is the chairman of Petrolia Invest AS. Mr Larsen is also the chairman of DNO International ASA. Following this transaction, Petrolia Invest AS holds 1 433 030 shares in DNO. Oslo, 14 March 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#1496568]
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