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

Reference is made to stock exchange announcement on 1 December regarding the successful completion of the subsequent offering in the company where the board of directors resolved to increase the share capital in the company with NOK 13,257,998 by issuing 6,628,999 new shares.

The share capital increase was registered in the Norwegian Registry of Business Enterprises on 9 December 2011. After the registration, the share capital of Dolphin Group ASA is NOK 500,036,322 divided into 250,018,161 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).