MANDATORY NOTIFICATION OF TRADE

Larsen Oil & Gas AS, a company controlled by Chairman of the Board of DNO Berge Gerdt Larsen, has today bought 100 000 shares in DNO International ASA at a price of NOK 8.475 per share. Following this transaction, companies controlled by Berge Gerdt Larsen holds 30 746 342 shares in DNO, representing 3.24% of total shares in the Company Oslo, 21 December 2010 DNO International ASA Corporate Communications This information is subject of the disclosure requirements acc. to §5-12 vphl (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#1474901]
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