DNO International ASA - Sale of shares successf...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION
IN THE USA


Reference is made to the stock exchange announcement on 2 June  2009.
DNO International ASA ("DNO") has on 2 June 2009 completed a sale  of
10,000,000 shares at a price of NOK 8.0 per share.

The price  was determined  through a  bookbuilding process,  and  the
share-sale was substantially over-subscribed.

The net  proceeds  from  the  share-sale will  be  used  for  general
corporate purposes.

The shares sold are already listed on the Oslo Stock Exchange and are
tradeable on  Oslo Stock  Exchange at  the time  of delivery  to  the
buyers.

ABG Sundal Collier acted as manager in the transaction.

The shares offered in  the share-sale have not  been and will not  be
registered under the  U.S. Securities  Act of 1933,  as amended  (the
"U.S. Securities  Act"), or  any state  securities law,  and will  be
offered within  the  U.S.  only  to  qualified  institutional  buyers
("QIB"), as defined in Rule 144A under the U.S. Securities Act ("Rule
144A"), through an  affiliate of  the manager, in  reliance upon  the
exemption from the registration requirements provided by section 4(2)
of the U.S. Securities Act Rule 144A, and to certain non-U.S. persons
in offshore transactions in reliance upon Regulation S under the U.S.
Securities Act. This  announcement shall not  constitute an offer  to
sell or the solicitation of an offer  to buy, nor shall there be  any
sale of shares in any state in which such offer, solicitation or sale
would be unlawful.


DNO International ASA
3 June, 2009


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.