DNO International Shareholders Elect New Chairman, Board Member

OSLO, 9 June, 2011—Shareholders at the DNO International Annual General Meeting held today in Oslo elected Bijan Mossavar-Rahmani as the company’s new Chairman.  Mr. Mossavar-Rahmani is Chairman of the Board and CEO of RAK Petroleum Public Company Limited, the Middle East based independent oil and gas exploration and production company, which is DNO International’s largest shareholder with a 30 percent stake.  Mr. Mossavar-Rahmani was elected to the board at an Extraordinary General Meeting held on 10 March 2011.