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Statoil’s share saving plan allocates shares 

March 18, 2011, 14:38 CET
The shares purchased by DnB NOR on behalf of Statoil (OSE:STL, NYSE:STO) on 15 March 2011 for use in the group's share saving plan have on 18 March 2011 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 5,702,554 shares.
 
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)