Mandatory notification of trade

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Terje Rogne, deputy chairman, has through the extra ordinary general meeting on Friday 15 May, 2015 been allocated through Admaniha AS 412 000 shares in Dolphin Group ASA (DOLP) at NOK 2.05 per share. After the trade, Mr Rogne will directly and indirectly control 2 462 00 shares in Dolphin Group ASA.

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

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, NORWAY

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).