DNO ASA — Director's Dealing 2010

Nov 24, 2010

Mandatory Notification of Trade

Larsen Oil & Gas AS, a company controlled by Chairman of the Board of DNO Berge

Gerdt Larsen, has today bought 50 000 shares in DNO International ASA at a price

of NOK 8,20 per share.

Following this transaction, companies controlled by Berge Gerdt Larsen holds

30 336 342 shares in DNO, representing 3.19% of total shares in the Company

Oslo, 24 November 2010

DNO International ASA

Corporate Communications

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

(Norwegian Securities Trading Act)

[HUG#1465423]