DNO ASA: Mandatory Notification of Trade

Oslo, 22 August 2014- DNO ASA ("DNO") announces that on 22 August 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 15.17 per synthetic share based on the closing price on 21 August 2014:

NamePosition                    Synthetic shares purchasedTotal holding of synthetic shares Anita Hjerkinn Aarnæs Director Human Resources 1974 11000 Nicholas Atencio VP Corporate Controls and Chief Risk Officer 2264 9542 Christian Dalby Senior Legal Counsel & Corporate Secretary 357 2399 Bjørn Dale President and Managing Director 2266 12503 Daljit Gill General Manager Kurdistan 1920 15165 Oliver Girardot Advisor to the President and Managing Director 1169 7115 Tore Lilloe-Olsen VP Exploration 1136 1136 Ståle Monstad Director Subsurface 1889 7430 Trond Myrseth VP Operations 2191 12738 Scott North General Manager Yemen 1614 10050 Michel Pick General Manager Tunisia 2529 13156 Haakon Sandborg VP Chief Financial Officer 990 6021 Per Øyvind Stene Corporate Financial Controller 1058 5175 Andreas Strand Advisor to the President and Managing Director 1127 2803

Oslo, 22. August 2014

DNO ASA
Corporate Communications

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

This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DNO ASA via Globenewswire
HUG#1850469