SOURCE: Statoil

September 15, 2010 09:08 ET

Notifiable trading

STAVANGER, NORWAY--(Marketwire - September 15, 2010) -



On behalf of Statoil (OSE: STL) (NYSE: STO), DnB NOR has on 15 September 2010 purchased 548,200 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 125.50 per share.

Before distribution to the employees, the Share saving plan has 6,620,596 shares.

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

[HUG#1444609]

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Source: Statoil via Thomson Reuters ONE

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