Dolphin has received a Notice of Time Charter termination for the two vessels Sanco Swift and Sanco Sword, Dolphin is presently evaluating the validity and effect of the notice in respect to the present difficult market situation.

Fax: +47 22 07 15 31

Dolphin Group ASA
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).

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