Annual and sustainability reports on the web(VEDLEGG)

March 31, 2005, 10:20 CEST

Statoil is publishing its annual report and accounts and its sustainability report on the group’s web site today, 31 March.

The printed editions are due to be distributed to all the shareholders from 11 April.

Statoil achieved a net income of NOK 24.9 billion last year, which was its best-ever annual result.

Another highlight last year was the 25th anniversary of the start to production from Statfjord, the largest oil field in the North Sea.

This development has delivered oil and gas worth some NOK 1,045 billion since 1979.

The group’s values and leadership principles were revised last autumn to make its values base clearer. The We in Statoil values document describes the elements which are important in continuing to develop a competitive organisation.

Annual report and accounts 2004

Financial statements - USGAAP

Statoil and sustainable development 2004

We in Statoil