Statoil: Statoil's share saving plan allocates shares

STAVANGER, Norway, Dec. 13, 2013 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 December 2013 for use in the group's share saving plan have on 12 December 2013 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 9,734,733 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares.

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 12 December 2013, at an average price of USD 22.61:

*American Depositary Receipts (ADR)

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

HUG#1749784

Hilde Merete Nafstad, SVP Investor Relations, mbl +47
95783911
Morten Sven Johannessen, VP Investor Relations USA, mbl +1
203 570 2524