New Management Appointments; Post-Merger Integration on Fast Track

Following the 10 January, 2012 merger with the RAK Petroleum PCL operating
subsidiaries, DNO International ASA has now completed a corporate management
reorganization and made appointments to key management positions drawing from
experienced leaders from both teams. The full integration of assets and people
is on fast track and expected to be completed before the end of next month.

Under the new organization structure, full time dedicated country managers have
been appointed for each of the five core areas in which the company operates
within MENA, reporting to Magne Normann who has been promoted to Chief Operating Officer of DNO International.

The new country managers will transfer to and be resident in each country,
strengthening DNO International's presence and demonstrating a commitment to
stepped up investment programs.

The following members of the RAK Petroleum management team have been appointed
new country managers: Nicholas Atencio for the Kurdistan Region of Iraq; Michel
Pick for Tunisia; and David Thorpe for Ras Al Khaimah.

From the DNO International team, David Grassick and Colin Kramer have been
appointed country managers for Oman and Yemen, respectively.

In the Oslo head office, Tore Lilloe-Olsen has been named Director Group
Exploration and Subsurface and Trond Myrseth has been named Director Group
Operations.

They join the rest of the corporate management team consisting of Helge Eide,
Chief Executive Officer; Haakon Sandborg, Chief Financial Officer; Bjørn Dale,
General Counsel and Secretary to the Board of Directors; Tom Bratlie, Director
Corporate Communication and Public Affairs; and Anita Hjerkinn Aarnæs, Director
Human Resources.

The new organizational model will have three technical departments which will
provide personnel and resources to the operations across the group. Ståle
Monstad has been appointed Geoscience Department Manager, Kenneth Myrvold
Petroleum Engineering Manager and Jon Petter Seargent, Drilling and Production
Manager.

“I am very pleased with the new organization. We have revamped the DNO
International management structure and enhanced it by adding experienced leaders from RAK Petroleum. United, we represent a stronger team, which is well
positioned to achieve our ambitions for continued growth and value creation in
the MENA region,“ says Helge Eide, Chief Executive Officer.

Oslo, 25 January 2012

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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Source: DNO International ASA via Thomson Reuters ONE

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Unternehmen: DNO International ASA - ISIN: NO0003921009