DNO ASA: Mandatory Notification of Trade

Oslo, 14 November 2014 - DNO ASA ("DNO") announces that on 14 November 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.73 per synthetic share based on the closing price on 13 November 2014:

Name	Position	Synthetic shares purchased	Total holding of synthetic shares
Anita Hjerkinn Aarnæs	Director Human Resources	2 289	13 289
Nicholas Atencio	VP Corporate Controls and Chief Risk Officer	2 583	12 125
Bjørn Dale	President and Managing Director	4 399	16 902
Daljit Gill	General Manager Kurdistan	2 110	17 275
Oliver Girardot	Advisor to the President and Managing Director	1 292	8 407
Tore Lilloe-Olsen	VP Exploration	3 764	4 900
Ståle Monstad	Director Subsurface	2 086	9 516
Trond Myrseth	VP Operations	2 420	15 158
Scott North	General Manager Yemen	1 850	11 900
Michel Pick	General Manager Tunisia	2 928	16 084
Haakon Sandborg	VP Chief Financial Officer	1 093	7 114
Per Øyvind Stene	Group Finance Manager	1 476	6 651
Andreas Strand	Advisor to the President and Managing Director	1 348	4 151
David Thorpe	General Manager Ras Al Khaimah	3 565	3 565

Oslo, 14. November 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#1871365