Statoil’s share saving plan allocates shares - *corr. 

December 19, 2006, 08:00 CET

Refering to stock market announcement on 14 December. 11 Desember 2006 DnB NOR purchased on behalf of Statoil (OSE:STL, NYSE:STO) 138,000 shares for use in the group’s share saving plan.

*97,804 shares have on 13 Desember 2006 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has *1,240,768 shares.