SOURCE: Statoil

March 15, 2010 12:15 ET

Notifiable trading

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



On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 15 March 2010 purchased 495,500 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 135.61 per share. Before distribution to the employees, the Share saving plan has 5,890,041 shares.

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


[HUG#1394010]

Contact Information

  • Lars Troen Sørensen
    senior vice president for investor relations,
    +47 51 99 77 90 / +47 90 64 91 44

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