SOURCE: Statoil

July 15, 2010 09:19 ET

Notifiable trading

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

On behalf of Statoil (OSE: STL) (NYSE: STO), DnB NOR has on 15 July 2010 purchased 262,800 shares for use in the group`s Share saving plan.

The shares have been acquired at a price of NOK 129.94 per share. Before distribution to the employees, the Share saving plan has 6,350,824 shares.

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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