Dune Energy Announces 1-for-5 Reverse Stock Split

HOUSTON, Dec. 1 /PRNewswire-FirstCall/ — Dune Energy, Inc. (NYSE-Amex: DNE) (the “Company”) announced today that the Company’s stockholders have approved a 1-for-5 reverse stock split (the “Reverse Split”). The Reverse Split was previously disclosed in the proxy materials distributed to the Company’s stockholders in connection with that special stockholders’ meeting held on November 30, 2009 to authorize, among other things, amending the Company’s certificate of incorporation to effect the Reverse Split. The Reverse Split will be effective at the opening of trading on December 2, 2009.