Mandatory notification of trade

Atle Jacobsen, CEO, has May 2, 2013 rolled a forward contract through Three M AS to buy 1 000 000 shares in Dolphin Group ASA (DOLP) at NOK 6,5373 per share maturing on November 1, 2013. After the trade and including the forward contract, Mr Jacobsen will directly and indirectly control 4 602 641 shares in Dolphin. In addition he holds 704 667 unexercised options, corresponding to 354 667 shares at the strike price of NOK 2.50 and 350 000 shares at the strike price of NOK 6.25, and he holds 1 498 500 warrants corresponding to 1 498 500 shares at the subscription price of NOK 2.50.

Erik Hokholt, CFO,  May 2, 2013 rolled a forward contract through Økonomi og Regsnkapsbistand AS to buy 500 000 shares in Dolphin Group ASA (DOLP) at NOK 6,5373 per share maturing on November 1, 2013.  After the trade and including the forward contract, Mr Hokholt will directly and indirectly control
3 868 468 shares in Dolphin. In addition he holds 806 000 unexercised options, corresponding to 456 000 shares at the strike price of NOK 2.50 and 350 000 shares at the strike price of NOK 6.25, and he holds 1 498 500 warrants corresponding to 1 498 500 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.

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.dolphingroup.no  
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).