Statoil's share saving plan allocates shares

STAVANGER, Norway, Jan. 21, 2016 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2016 for use in the group's share saving plan, have on 20 January 2016 been distributed to the employees in accordance with their savings amount.

In addition, bonus shares have been allocated based on participation in the program in 2013.

Following this, the share saving plan has 7,903,521 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2013, at a price of NOK 102.70 per share.

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

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         Morten Sven Johannessen, VP Investor Relations USA,
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