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Merger prospectus available (ekstern lenke) 

May 29, 2007, 10:30 CEST

Statoil’s registration statement on Form F-4, which includes the prospectus relating to the planned merger of Norsk Hydro’s petroleum business with Statoil, was declared effective by the US Securities and Exchange Commission (SEC) on Friday 25 May at 17.00 EST (23.00 CET).

The prospectus is attached to this message.

The prospectus will be sent to all US shareholders in Statoil and Hydro along with the notices of extraordinary general meetings which will discuss the merger plan. Along with the notice of meeting, all other shareholders will receive a prospectus which is identical to the one sent to US shareholders, with the exception of certain additions and omissions pursuant to stock exchange and securities regulations in Norway. Both versions of the prospectus are available on Statoil’s website: www.statoil.com/egm


Further information:

Press
Ola Morten Aanestad, vice president media relations, Statoil ASA, telephone +47 480 80 212/51 99 13 77

Investor relations
Lars Troen Sørensen, senior vice president investor relations, Statoil, telephone +47 90 64 91 44

Geir Bjørnstad, vice president, US investor relations, Statoil, telephone +1 203 978 69 50