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Statoil's share saving plan 

October 12, 2006, 16:30 CEST

The shares purchased by DnB NOR on behalf of Statoil (OSE:STL, NYSE:STO) on 10 October 2006 for use in the group`s share saving plan have on 12 October 2006 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 1,158,872 shares.