Change in Board of Directors 

March 25, 2009, 12:05 CET

Kurt Anker Nielsen

Kurt Anker Nielsen has informed the company’s nomination committee that he resigns from his position as board member with immediate effect as a result of the way the Ministry of Petroleum and Energy has handled the issue relating to the company name.

Kurt Anker Nielsen was a board member of Norsk Hydro from 2004 to 2007. He has been a member of the board, and chair of the board’s audit committee, of StatoilHydro since 1 October 2007.

StatoilHydro’s nomination committee will immediately start its search for a new member of the board.

The board of directors in StatoilHydro is elected by the company’s corporate assembly.