Statoil
nyse : STO
oslo : STL

June 16, 2011 02:36 ET

Statoil Notifiable Trading

STAVANGER, NORWAY--(Marketwire - Jun 16, 2011) - On behalf of Statoil (OSE: STL) (NYSE: STO), DnB NOR has on 15 June 2011 purchased 517,000 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 133.32 per share. Before distribution to the employees, the Share saving plan has 6,674,031 shares.

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

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(i)  the releases contained herein are protected by copyright and
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     originality of the information contained therein.

[HUG#1523846]

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