Statoil: Notifiable trading

STAVANGER, NORWAY--(Marketwire - Nov 16, 2012) - On behalf of Statoil ( OSLO : STL ) ( NYSE : STO ), DNB has on 15 November 2012 purchased 618,750 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 137.37 per share.

Before distribution to the employees, the Share saving plan has 8,691,603 shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the 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#1658650]