Russian Kara Sea marine seismic acquisition contract

Dolphin has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia.

Atle Jacobsen, Dolphin CEO, quoted; "Dolphin is extremely appreciative of the prompt reply and clear guidance from the Norwegian Authorities on this difficult matter. This ruling paves the way for us to continue to provide our powerful solutions to the increasingly important high-end Russian marine seismic market".

For further information, please contact:

Atle Jacobsen, CEO
Mobile:+47 97 71 53 36
E-mail:atle.jacobsen@dolphingeo.com

Peter Hooper, COO
Mobile:+47 48 00 21 64
E-mail:peter.hooper@dolphingeo.com

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Phone:+47 22 07 15 30
Fax:+47 22 07 15 31

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).