REGISTRATION OF SHARE CAPITAL INCREASE WITH THE NORWEGIAN REGISTRY OF BUSINESS ENTERPRISES

The share capital increase following the share issue related to the subsequent offering and employee offering approved by the Board of Directors on 13 April has been registered today, 26 April 2012, in the Norwegian Registry of Business Enterprises. After the registration, the share capital of Dolphin Group ASA is NOK 609,091,984 divided into 304,545,992 shares each with a par value of NOK 2.00.

This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.For further information, please contact:

Ketil Sundal, VP Finance & IR          
Mobile:+47 95 92 21 04
E-mail:ketil@dolphinics.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 has two main business areas; Dolphin Geophysical AS and Dolphin Interconnect Solutions AS. Dolphin Geophysical is a global full-range, asset light supplier of marine geophysical services and operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys and multi-client projects worldwide. Dolphin Interconnect is a global supplier of high performance solutions (hardware- and software) for the server and embedded systems market. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).