SOURCE: StatoilHydro

March 05, 2009 10:20 ET

StatoilHydro ASA -- Execution of debt capital market transactions

STAVANGER, NORWAY--(Marketwire - March 5, 2009) -


Yesterday, Wednesday 4th March 2009, StatoilHydro ASA, guaranteed by StatoilHydro Petroleum AS, executed the following debt capital market transactions:


Issue of EUR 1,300,000,000 4.375% Notes due 11 March 2015

Issue of EUR 1,200,000,000 5.625% Notes due 11 March 2021

Issue of GBP 800,000,000 6.875% Notes due 11 March 2031


The net proceeds from the issue of the Notes will be applied for StatoilHydro ASA's general corporate purposes.

All three Notes issues have been fully subscribed. Settlement date is 11 March 2009.

The Notes are issued under StatoilHydro ASA's US$ 6,000,000,000 Euro Medium Term Note Programme and will be listed on London Stock Exchange.

StatoilHydro ASA has Aa2 and AA- credit ratings from Moody's and Standard & Poor's, respectively.

Further information from:

Investor relations
Lars Troen Sørensen, senior vice president investor relations,
+ 47 90 64 91 44 (mobile), +47 51 99 77 90 ( office)
Geir Bjørnstad, vice president, US investor relations,
+ 1 203 978 6950

Finance
Tron Vormeland, vice president finance,
+47 90 54 01 35 (mobile), +47 51 99 42 97

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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