Letter of Award for a 3D survey offshore India

Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012.

Atle Jacobsen, CEO commented;  "We are very pleased to be awarded this additional work in India, securing continuous work for the Artemis Arctic  until she returns to the North Sea".

This information is subject of the disclosure requirements acc. to §5-12 (Norwegian Securities Trading Act).

For further information; please contact:

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

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

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Tel:+47 23 16 70 00
Fax:+47 23 16 71 80         

www.dolphingroup.no
www.dolphingeo.com

Dolphin Group ASA has two main business areas; Dolphin Geophysical AS and Dolphin Interconnect Solutions AS. Dolphin Geophysical is a global full-range, asset light supplier of marine geophysical services and operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys and multi-client projects worldwide. Dolphin Interconnect is a global supplier of high performance solutions (hardware- and software) for the server and embedded systems market. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).