Mandatory notification of trade

Mike Hodge, VP QHSE, has November 29 2013, sold 400 000 shares in Dolphin Group ASA (DOLP) at NOK 5,4188 per share. After the trade, Mr Hodge will directly and indirectly control 454 545 shares in Dolphin Group ASA. In addition he holds 1 000 000 unexercised options, corresponding to 700 000 shares at the strike price of NOK 2.50 and 300 000 shares at the strike price of NOK 6.25.

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

For further information, please contact:

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


Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

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

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).