Mandatory notification of trade

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Peter Hooper, Vice President Operations of Dolphin Geophysical AS, has on June 23rd. 2011 acquired 60.000 shares at a price of NOK 3,20 per share through his associated company EMWI AS.

Total shareholding owned personally and indirectly through the associated company EMWI AS is 1.320.000 shares.

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