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DNO ASA Director's Dealing 2015

Feb 6, 2015

3580_dirs_2015-02-06_ee2470bc-3936-4fbb-ac55-3a32e96e6b18.html

Director's Dealing

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DNO ASA: Mandatory Notification of Trade

DNO ASA: Mandatory Notification of Trade

Oslo, 6 February 2015 - DNO ASA ("DNO") announces that on 6 February 2015 the

following primary insiders have acquired synthetic shares in DNO under the

Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.37 per

synthetic share based on the closing price on 5 February 2015:

+-------------------+--------------------+------------------+------------------+

|Name |Position  |Synthetic shares |Total holding of |

| | |purchased |synthetic shares |

+-------------------+--------------------+------------------+------------------+

|Anita Hjerkinn |Director Human | 2 351| 15 640|

|Aarnæs |Resources | | |

+-------------------+--------------------+------------------+------------------+

|Nicholas Atencio |VP Corporate | 2 692| 14 817|

| |Controls and Chief | | |

| |Risk Officer | | |

+-------------------+--------------------+------------------+------------------+

|Christian Reegård |Senior Legal Counsel| 1 121| 3 520|

|Dalby |& Corporate | | |

| |Secretary | | |

+-------------------+--------------------+------------------+------------------+

|Bjørn Dale |President and | 4 517| 21 419|

| |Managing Director | | |

+-------------------+--------------------+------------------+------------------+

|Daljit Gill |General Manager | 3 023| 20 298|

| |Kurdistan | | |

+-------------------+--------------------+------------------+------------------+

|Oliver Girardot |Advisor to the | 1 325| 9 732|

| |President and | | |

| |Managing Director | | |

+-------------------+--------------------+------------------+------------------+

|Kathrine Heiersjø |Group Controller | 149| 149|

+-------------------+--------------------+------------------+------------------+

|Amzy Hibler |Deputy Chief | 3 853| 3 853|

| |Financial Officer | | |

+-------------------+--------------------+------------------+------------------+

|Ståle Monstad |Director Subsurface | 2 142| 11 658|

+-------------------+--------------------+------------------+------------------+

|Scott North |General Manager | 2 151|   14 051|

| |Yemen | | |

+-------------------+--------------------+------------------+------------------+

|Michel Pick |General Manager | 3 331| 19 415|

| |Tunisia | | |

+-------------------+--------------------+------------------+------------------+

|Haakon Sandborg |VP Chief Financial | 1 121| 8 235|

| |Officer | | |

+-------------------+--------------------+------------------+------------------+

|Per Øyvind Stene |Group Finance | 1 416| 8 067|

| |Manager | | |

+-------------------+--------------------+------------------+------------------+

|Andreas Strand |Advisor to the | 1 384| 5 535|

| |President and | | |

| |Managing Director | | |

+-------------------+--------------------+------------------+------------------+

|David Thorpe |General Manager Ras | 4 144| 7 709|

| |Al Khaimah | | |

+-------------------+--------------------+------------------+------------------+

|Claes Åbyholm |Chief Legal Officer | 1 962| 1 962|

| |and General Counsel | | |

+-------------------+--------------------+------------------+------------------+

Oslo, 6. February 2015

DNO ASA

Corporate Communications

This information is subject to disclosure pursuant to section 5-12 of the

Norwegian Securities Trading Act.

[HUG#1892370]