DNO ASA — Board/Management Information 2010

Jun 16, 2010

Stock exchange notice – Information to shareholders
DNO International ASA
(DNO or "the Company")
DNO
Oslo, 16 June 2010

Election of up to two Board Members at the Annual General Meeting (AGM) on Thursday 17 June 2010 at 13:00 in Vika Atrium

Proposed changes to members of the Board of Directors of DNO International ASA

Reference is made to item 9 on the agenda for the AGM and to DNO's stock exchange notice dated 10 June, 2010.

Based on the proposal from RAK Petroleum PCL and after consultation with other shareholders, the Board will recommend to the AGM that Dr. Zalmay Khalilizad and Ms. Shelley Watson be elected as new members of the Board of Directors of DNO International ASA, replacing Mr. Trygve Bruvik and Ms. Elin Karfjell as Board members.

Subject to approval by the AGM, the new Board of Directors will consist of Berge Gerdt Larsen (Chairman), Shelley Watson (Deputy Chairman), Marit Instanes, Zalmay Khalilizad, and Gunnar Hirsti.

Upon confirmation of the election of the two new Board members, changes will also be made to the two Board Committees. Gunnar Hirsti and Marit Instanes will constitute the Audit Committee, while Berge Gerdt Larsen and Shelley Watson will serve on the Remuneration Committee.

Oslo, 16 June 2010

DNO International ASA
Board of Directors

Contact persons:

Communication Director Tom Bratlie
Phone: +47 905 21 904

CFO Haakon Sandborg
Phone: +47 23 23 84 80

DNO International ASA
Stranden 1, Aker Brygge
0250 Oslo
Norway
P.O Box 1345
Vika
N-0113 Oslo
Phone: +47 23 23 84 80
Fax: +47 23 23 84 81
www.dno.no