Statoil's share saving plan allocates shares

November 19, 2012

STAVANGER, NORWAY--(Marketwire - Nov 19, 2012) - The shares purchased by DNB on behalf of Statoil (OSE:STL, NYSE:STO) on 15 November 2012 for use in the group's share saving plan have on 19 November 2012 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 8,376,453 shares.

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

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Source: Statoil via Thomson Reuters ONE