Lund bought shares 

December 21, 2004, 08:00 CET

Chief executive Helge Lund in Statoil (OSE:STL, NYSE:STO) purchased 1,500 shares in Statoil at a price of NOK 94.25 per share on Monday 20 December 2004.

Following this purchase, Mr Lund owns a total of 1,500 shares in Statoil.