Mandatory Notification of Trade

Elika AS, wholly owned by Elin Karfjell who is a board member of DNO ASA, has on
27 June 2017 bought 33,000 shares in DNO ASA, at an average price of NOK 7.4668
per share. Following this transaction, Elika AS holds 33,000 shares in DNO ASA.

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This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.