Statoil's share saving plan allocates shares

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.

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#1659053]