Acting CFO in Det norske oljeselskap ASA

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The process of appointing a new Chief Financial Officer in Det norske oljeselskap ASA has taken longer than expected. Vice President of Investor Relations Knut Evensen will therefore take on the position of acting CFO from 15th of august 2010 and until a new CFO is appointed.

Contacts:

Erik Haugane, CEO, tel.: : +47 907 21 655

Knut Evensen, VP Investor Relations, tel.: +47 950 77 622

About Det norske: Det norske oljeselskap ASA has interests in a total of 74 licenses, with 37 operatorships. Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatotships and exploration activity. I 2009 the company operated nine exploration wells, and the high activity will continue in 2010. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities. Det norske currently employs a staff of 180. The company`s registered office is located in Trondheim. The company also has offices in Oslo,Harstad, and Stavanger. Det norske is listed on the Oslo Stock Exchange (DETNOR).