DNO ASA — Major Shareholding Notification 2010

Mar 8, 2010

DNO International ASA - Mandatory Notification of Trade/Disclosure of large shareholding

DNO International ASA

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

Gerdt Larsen, has on Monday 8 March 2010 sold 15 000 000 shares in DNO

International ASA at a price of NOK 6,70 per share.

As a result of this transaction, the company crossed the 5% threshold.

Number of shares controlled by the Chairman totals 30 602 504, representing

3,38% of the ordinary shares in DNO International ASA.

DNO International ASA

8 March, 2010

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

(Norwegian Securities Trading Act)

[HUG#1391828]