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Statoil's share saving plan allocates shares

STAVANGER, NORWAY--(Marketwire - Dec 13, 2012) - The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 December 2012 for use in the group's share saving plan have on 12 December 2012 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 8,675,317 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 144.66.

Allocated New share Name shares holding Adams, Robert 672 7,531 Bacher, Lars Christian 340 13,715 Bjørn, Benedikte Bettina 145 1,131 Dodson, Timothy 607 15,553 Gjærum, Reidar 499 15,776 Iversen, Einar Arne 167 3,952 Klouman, Hans Henrik 723 11,437 Knight, John Nicholas 1,090 40,264 Lund, Helge 423 51,079 Michelsen, Øystein 727 19,019 Nafstad, Hilde Merete 317 3,195 Reitan, Torgrim 661 16,128 Skeie, Svein 566 12,551 Svaan, Morten 211 2,835 Sætre, Eldar 561 21,405 Thomsen, Kåre 486 14,778 Øvrum, Margareth 784 26,576

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 2012, at an average price of USD 24.65:

Allocated New share Name shares* holding* Maloney, William 878.142990 18,131.903915

*American Depositary Receipts (ADR)

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