Dolphin returning chartered seismic vessels to Sanco Shipping

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Dolphin has received a Notice of Time Charter termination for the two vessels Sanco Swift and Sanco Sword, Dolphin are presently evaluating the validity and effect of the notice in respect to the present difficult market situation.

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

Atle Jacobsen, CEO                                                   
Mobile: +47 97 71 53 36
E-mail: atle.jacobsen@dolphingeo.com

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Phone: +47 22 07 15 30
Fax: +47 22 07 15 31

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)