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Statoil: Notifiable trading

STAVANGER, NORWAY -- (Marketwire) -- 12/11/12 -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 10 December 2012 purchased 625,350 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 137.84 per share. Before distribution to the employees, the Share saving plan has 9,001,803 shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE

[HUG#1663917]

Lars Troen Sorensen
senior vice president for investor relations
+47 51 99 77 90
+47 90 64 91 44

Geir Bjornstad
vice president for investor relations in the USA
+1 203 978 6950
+1 203 570 5757

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