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Notifiable trading 

August 15, 2011, 19:04 CEST

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 15 August 2011 purchased 567,000 shares for use in the group`s Share saving plan.

The shares have been acquired at a price of NOK 122.52 per share.
Before distribution to the employees, the Share saving plan has
7,219,326 shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)