Mandatory notification of trade

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Gareth Williams, Chief Geophysicist, has today November 14, 2012 bought 200 000 shares in Dolphin at NOK 5.78. After the trade he directly and indirectly control 566 667 shares in Dolphin. In addition he holds 200 000 unexercised options, corresponding to 200 000 shares at the strike 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).