THE NOMINATION COMMITTEE'S PROPOSAL TO COMPOSITION OF THE BOARD OF DIRECTORS

Reference is made to the notice for the extraordinary

shareholders meeting dated 29 November 2010. With

respect to item 11 on the agenda, change in the

composition of the board of directors, the nomination

committee has made the following proposal:

Anne-Grete Ellingsen, chairman

Ole Henrik Eide, deputy chairman

Marit Døving, board member

Hege Eikeland, board member

Terje Rogne, board member

Simen Thoresen, board member elected by the employees

Anne-Grete Ellingsen and Terje Rogne are proposed as

new members of the board of directors. Their

curriculum vitae can be found attached.

The extraordinary meeting will be held today in the

premises to the law firm BAHR, Stranden 1A, 4. floor,

0250 OSLO.

For further information, please contact:

Ketil Sundal, CFO

Tel: +47 23 16 70 02

Mob: +47 95 92 21 04

Dolphin Interconnect Solutions ASA

Olaf Helsetsvei 6

0619 OSLO

Tlf: +47 23 16 70 00

Fax: +47 23 16 71 80

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