Statoil's share saving plan 

February 16, 2007, 08:00 CET

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 15 February 2007 purchased 170,800 shares for use in the group`s share saving plan.

The shares have been acquired at a price of NOK 162.50 per share. Before distribution to the employees, the share saving plan has 1,199,628  shares.