SOURCE: Statoil

August 31, 2010 10:48 ET

Elected to Statoil's board

STAVANGER, NORWAY--(Marketwire - August 31, 2010) - The corporate assembly of Statoil (OSE: STL) (NYSE: STO) has chosen Lady Barbara Judge and Bjørn Tore Godal as new members of Statoil's board of directors.

The corporate assembly also re-elected Svein Rennemo as chair, Marit Arnstad as deputy chair, and Roy Franklin, Grace Reksten Skaugen and Jakob Stausholm as board members.

The election of the board will take effect from 1 September 2010.

Information on the members of the board can be found at www.statoil.com.


This information is subject of the disclosure requirements acc. to §5- 12 vphl (Norwegian Securities Trading Act)


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Source: Statoil via Thomson Reuters ONE

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