DNO ASA: Mandatory Notification of Trade

Oslo, 14 November 2014 - DNO ASA ("DNO") announces that on 14 November 2014 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 13.73 per synthetic share based on the closing price on 13 November 2014:

NamePosition  Synthetic shares purchasedTotal holding of synthetic shares Anita Hjerkinn Aarnæs Director Human Resources 2 289 13 289 Nicholas Atencio VP Corporate Controls and Chief Risk Officer 2 583 12 125 Bjørn Dale President and Managing Director 4 399 16 902 Daljit Gill General Manager Kurdistan 2 110 17 275 Oliver Girardot Advisor to the President and Managing Director 1 292 8 407 Tore Lilloe-Olsen VP Exploration 3 764 4 900 Ståle Monstad Director Subsurface 2 086 9 516 Trond Myrseth VP Operations 2 420 15 158 Scott North General Manager Yemen 1 850   11 900 Michel Pick General Manager Tunisia 2 928 16 084 Haakon Sandborg VP Chief Financial Officer 1 093 7 114 Per Øyvind Stene Group Finance Manager 1 476 6 651 Andreas Strand Advisor to the President and Managing Director 1 348 4 151 David Thorpe General Manager Ras Al Khaimah 3 565 3 565

Oslo, 14. November 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#1871365