NotifiableTrading10112006Notifiable trading 

October 11, 2006, 09:00 CEST

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 10 October 2006 purchased 139,000 shares for use in the group’s share saving plan.

The shares have been acquired at a price of NOK 154.63 per share. Before distribution to the employees, the share saving plan has 1,252,846 shares.