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New Statoil board member 

September 4, 2002, 14:00 CEST

The election committee in Statoil ASA has recommended to the corporate assembly that Kaci Kullmann Five be appointed as a new director.

The corporate assembly will meet to discuss the proposal on 11 September.

Ms Kullmann Five (51) was a member of the Norwegian parliament representing the Conservative Party from 1981 to 1997. For part of this period she was minister of trade, and she was head of the Conservatives from 1991 to 1994. Until recently she was senior vice president for corporate communication and public affairs in Aker RGI.

Ms Kullmann Five is currently an independent public affairs adviser.

Contact person:

Anne Kathrine Slungård, head of the election committee, tel: +47 911 12 474 (mobile).