MANDATORY NOTIFICATION OF TRADE

Larsen Oil & Gas AS, a company controlled by Chairman of the Board of DNO Berge
Gerdt Larsen, has today bought 90 000 shares in DNO International ASA at a price
of NOK 8.5857 per share.

Following this transaction, companies controlled by Berge Gerdt Larsen holds
30 836 342 shares in DNO, representing 3.25% of total shares in the Company

Oslo, 22 December 2010

DNO International ASA
Corporate Communications



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



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