SOURCE: Statoil

May 19, 2010 07:11 ET

Statoil's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwire - May 19, 2010) -



The shares purchased by DnB NOR on behalf of Statoil (OSE:STL,NYSE:STO) on 14 May 2010 for use in the group's share saving plan have on 19 May 2010 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 6,094,071 shares.

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


[HUG#1417227]

Contact Information

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

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