Step 1: Statement of Henry's law.
According to Henry's law, the concentration of a gas dissolved in a liquid is directly proportional to its partial pressure.
\[
C = k_H \times P
\]
Step 2: Substitution of given values.
\[
C = (1.3 \times 10^{-3}) \times 0.46
\]
Step 3: Calculation.
\[
C = 5.98 \times 10^{-4}\ \text{mol dm}^{-3}
\]
Step 4: Conclusion.
Therefore, the concentration of dissolved oxygen is $5.98 \times 10^{-4}\ \text{mol dm}^{-3}$.