Statoil : Notifiable trading

STAVANGER, NORWAY -- (Marketwire) -- 04/17/12 -- The shares purchased by DNB on behalf of Statoil (OSE:STL, NYSE:STO) on 13 April 2012 for use in the group's share saving plan have on 17 April 2012 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 6,425,105 shares.

As participants in the share saving plan, the primary insiders below have
been allocated shares at an average price of NOK 154.72.

  Name                       Allocated shares   New share holding

  Adams, Robert                           330                6859
  Bjorn, Benedikte Bettina                 68                 986
  Dodson, Timothy                         284               12569
  Gjaerum, Reidar                         234               13819
  Iversen, Einar Arne                      79                3785
  Knight, John Nicholas                   503               28470
  Klouman, Hans Henrik                    337                8282
  Lund, Helge                             197               44301
  Mellbye, Peter                          365               22285
  Michelsen, Oystein                      340               15720
  Nafstad, Hilde Merete                   148                2878
  Reitan, Torgrim                         310               13225
  Skeie, Svein                            264               10766
  Svaan, Morten                            98                2624
  Saetre, Eldar                           262               18334
  Thomsen, Kare                           228               13188
  Ovrum, Margareth                        367               22956

In the notification that was published on 17 January, new share holding for Torgrim Reitan was incorrectly set at 12,727. The correct number was 12,915.

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

As participants in the share saving plan, the Statoil Fuel & Retail primary
insiders below have been allocated shares at an average price of NOK
154.72.

  Name                 Allocated shares   New share holding
  Hoff, Marthe                      137                4515
  Jacobsen, Jon Arnt                306               20225

This information is subject of the disclosure requirements acc. to ?
4-1 vphl (Norwegian Securities Trading Act)

As participant in the Statoil US Employee Share Savings plan, the Statoil
ASA primary-insider Mr. William Maloney has been allocated the following number
of shares on 17 April 2012:

  Name               Allocated shares*   New share holding*
  Maloney, William          111.034392          4918.630131

*American Depositary Receipts (ADR)


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

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE [HUG#1603328]



Lars Troen S?rensen
senior vice president for investor relations
+47 51 99 77 90
+47 90 64 91 44

Geir Bj?rnstad
vice president for investor relations in the USA
+1 203 978 6950
+1 203 570 5757