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Dolphin Group ASA (Ticker: DOLP) 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.
COMPANY NEWS
Dolphin announces new Chairman
Bergen, Norway, June 4, 2012 -- Dolphin Group ASA (OSE: DOLP)
Dolphin Group ASA is pleased to announce the appointment of Tim Wells as Chairman of the Board for Dolphin Group ASA.

Tim has more than 35 years' experience from the seismic industry. He began his career with Digicon Geophysical in Houston as a Processing Geophysicist and was rapidly promoted to manage their South and North American processing business. Later he moved to Singapore, where he first became Manager of Regional Processing before assuming the role as President for the Asia Pacific Region. He was then involved in the merger with Veritas in 1999 and assumed the role as President and COO for the merged company. In 2007 CGG acquired VeritasDGC and assumed the role of President of Western Hemisphere for CGGVeritas until he resigned in 2009. Tim has been a part of the founder team starting the geophysical business of Dolphin Group ASA in 2010.

Tim Wells says "I am looking forward to serving Dolphin in my new capacity as Chairman. We have been able to attract a first rate group of executives and employees and have had phenomenal growth in our first year of operation.

It will be my goal as Chairman to help Dolphin become a first class, full service geophysical company and provide best in industry service for our clients and value for our shareholders."


For further information, please contact:

Nina Midtlie
Group Financial Director
Mobile: +47 98 20 63 78
E-mail: nina.midtliedolphingeo.com


Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Tel: +47 23 16 70 00
Fax: +47 23 16 71 80

www.dolphingroup.no

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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