Mandatory notification of trade

Atle Jacobsen, CEO, has May 2, 2013 rolled forward contracts through Three M AS to buy 1 000 000 shares in Dolphin Group ASA (DOLP) at NOK 5,0692 per share maturing on April 1, 2014. 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 527 333 unexercised options, corresponding to 177 333 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 5,0692 per share maturing on April 1, 2014. 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 452 000 unexercised options, corresponding to 152 000 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.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).