DNO ASA — Director's Dealing 2010

May 14, 2010

DNO International ASA - Mandatory Notification of Trade

Company controlled by Chairman of the Board of DNO International ASA, Berge

Gerdt Larsen, has on Wednesday 12 May 2010 sold 2 000 000 shares in DNO

International ASA at a price of NOK 8,275 per share.

Following this transaction, shareholdings in DNO International ASA controlled by

the Chairman totals 30 102 504 shares, representing 3,33 % of total shares in

the

Company.

DNO International ASA

14 May 2010

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1415858]