Notifiable trading 

May 18, 2005, 10:00 CEST

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 13 May 2005 purchased 160,000 shares for use in the group’s share saving plan. The shares have been acquired at a price of NOK 106.81 per share. Before distribution to the employees, the share saving plan has 452,966 shares.