Phil Suter, VP Marketing and Business Development, resigned from his position, mandatory notification of trade

Phil Suter, VP Marketing and Business Development, has resigned from his current position as the company implements restructuring plans, and remains a primary insider during the resignation period.

Mr Suter, has sold 417 272 shares in Dolphin Group ASA (DOLP) at NOK 2,2333. After the trade, Mr Suter will directly and indirectly control 0 shares in Dolphin. In addition he holds 300 000 unexercised options, corresponding to 300 000 shares at the strike price of NOK 6.25, and he holds 599 250 warrants corresponding to 599 250 shares at the subscription price of NOK 2.50.

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

Erik Hokholt, CFO
Mobile: +47 90 75 60 64
E-mail: erik.hokholt@dolphingeo.com

Nina Midtlie, Group Financial Director
Mobile: +47 98 20 63 78
E-mail: nina.midtlie@dolphingeo.com

Dolphin Group ASA

www.dolphingeo.com

Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis.

Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).

About Us

Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).

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