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Notifiable trading 

January 16, 2007, 09:15 CET

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 15. Januar 2007 purchased 171,500 shares for use in the group’s share saving plan.

The shares have been acquired at a price of NOK 161.15 per share. Before distribution to the employees, the share saving plan has 1,412,268 shares.