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RRainman9999

06/03/05 1:14 PM

#12936 RE: tmcal6 #12927

DNO.OL/PAR.OL Justine Henin is in the Finals but offcourse she's from Belgium..albeït francophone but anyway..
news:
PAR.OL news:

OSLO, NORWAY - 03. JUNE, 2005 - PA RESOURCES TODAY
ANNOUNCED THAT IT HAS RAISED NOK 153 MILLION IN A NEW SHARE
ISSUE. NEW AND EXISTING SHAREHOLDERS PARTICIPATED IN THE
PRIVATE PLACEMENT OF 3,000,000 SHARES AT NOK 51 PER SHARE.

The Board of PA Resources AB has, based on its
authorisation from the Annual General Meeting of May 11th,
2005, in a Board meeting on June 1st, 2005 decided to
complete a private placement of totally 3,000,000 shares in
PA Resources AB. The shares have been issued at a price of
NOK 51 - per share and have been subscribed by new and
existing Nordic and European institutional and private
investors. The transaction was heavily oversubscribed with
total demand at 11.5 million shares. Carnegie ASA, Pareto
Securities ASA and Handelsbanken Capital Markets have been
responsible for the placement.

The proceeds from the offering will be used in market
development and to strengthen PA Resources financial
position.

Following this transaction the total number of shares in PA
Resources will be 34,804,668. The new share issue is under
registration at the Swedish Register of Business
Enterprises (Svenska Patent och Registreringsverket).
ABOUT PA RESOURCES AB

PA Resources AB is a Swedish oil & gas company founded in
1994. PA is an upstream company and operates in the first
stage of the value chain: exploration and production. The
activity is focused at present in Tunisia. PA`s portfolio
of oil fields has been acquired through company take-over,
purchase of licence shares and by licence applications and
awarded permits/licences. The company is listed on the Oslo
Stock Exchange on the Small and Medium sized Business list
(SMB) and on the Nordic Growth Market NGM.

The Company has a strong position as an oil producer in
Tunisia and has and will use this position to expand in
Tunisia and in he nearby region. A number of projects are
being evaluated both producing fields and prospecting areas.

PA Resources is today an expansive company with motivated
employees in offices in Stockholm, Oslo and Tunis.

I expected another 20-30% bounce today...will happen without a doubt with these kind of reserve numbers..

DNO.OL
lot's of changes in shareholders...

DNO - DISCLOSURE OF SHARE AQUISITION

Funds managed by Pendragon Capital LLP have sold 4,277,200
ordinary shares on 3 June 2005.
Following the sale, Pendragon Capital LLP and the funds
managed by it no longer control any securities in DNO.
----------->
We hereby notify you that on 3 June 2005, following an
acquisition, Credit Suisse First Boston (Europe) Ltd
(`CSFBE`) holds an interest in 4,277,200 shares of Det
Norske Oljeselskap ASA (`DNO`) (NO0003921009). In
addition, Credit Suisse First Boston LLC (`CSFBLLC`) holds
an interest 32 shares of DNO. CSFBLLC and CSFBEL are
members of the investment banking business of Credit Suisse
(`CSFB`).

CSFB now holds a total interest of 4,277,232 shares, which
is equivalent to approximately 7.56% of the issued share
capital of DNO.
------------>

DNO - ANNUAL GENERAL MEETING OF DNO ASA

The Annual General Meeting of DNO ASA will be held on 22
June 2005 at 1.00pm at Vika Atrium Konferansesenter,
Munkedamsveien 45, 0250 Oslo, Norway (entrance at the
traffic light at Aker Brygge).

Attachments on www.newsweb.no

ANNUAL GENERAL MEETING AGENDA:

1. Opening by the Chairman of the Board, registration of
attending shareholders and shares represented by proxy.
2. Election of a chairman to preside over the meeting and
a shareholder to sign the minutes of the Annual General
Meeting together with the chairman of the meeting.
3. Approval of the notice and the agenda.
4. Annual financial statements for 2004. Approval of the
annual report and financial statements for the Parent
Company and the Group, including the allocation of the
profit for the year of DNO ASA.
5. Approval of directors` remuneration and auditors` fees
for 2004.
6. Election of members of the Board of Directors.
7. Authorisation of the Board of Directors to increase the
company`s share capital.
8. Continuation of the company`s option programme.
9. Authorisation of the Board of Directors to acquire
treasury shares.
10. Distribution to shareholders.
11. Split of the company`s shares.

A notice of the Annual General Meeting and the proposed
resolutions are attached to this notification. These
documents, as well as attendance slip/form of proxy in
Norwegian and English, will also be made available at our
website www.dno.no.

A complete notice with an attendance slip or form of proxy,
if needed,will be sent to shareholders with a known
address, along with the company`s annual financial
statements with annual report and auditors` statement.

Chairman of the Board

DNO ASA2

June 2005

Good luck,

RR