January 23, 2008 01:47 ET

StatoilHydro's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwire - January 23, 2008) -

The shares purchased by DnB NOR on behalf of StatoilHydro (OSE:STL, NYSE:STO) on 17 January 2008 for use in the group's share saving plan have on 22 January 2008 been distributed to the employees in accordance with their savings amount and bonus shares for the 2005 share saving plan. Following this, the share saving plan has 1 929 751 shares. As participants in the share saving plan, the primary insiders below have been allocated shares in accordance with their saving plan 2005 to an average price of NOK 146,15.

                    Bonus 2005 New shares holding
Saetre Eldar               244               2883
Øvrum Margareth            297               4581
Thomsen Kåre               262               4124
Svaan Morten                29                662
Bjørnson Rune              132               1479
Lund Helge                 781               6761
Gjaerum Reidar             291               2651
Reitan Torgrim             154               1535
Sørensen Lars Troen        137               2564
Jacobsen Jon Arnt          244               4065
                          2571              36437

Contact persons:
Olaug Svarva
chair of the nomination committee and corporate assembly of StatoilHydro
Telephone: +47 23 11 72 00
Reidar Gjærum
senior vice president for corporate communication at StatoilHydro:
Telephone: +47 908 55 101

Copyright © Hugin AS 2008. All rights reserved.