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Notifiable trading 

March 25, 2013, 14:36 CET

The long-term incentive program is a fixed, monetary compensation calculated as a portion of the participant's base salary; ranging from 20 – 30 per cent depending on the individual's position. On behalf of the participant, the company acquires shares equivalent to the net annual amount. The grant is subject to a three year lock-in period. Number of acquired shares and their new total share holding is listed in the table below. The trade has been made through DNB Markets.

Name

Acquired shares 

New share holding 

Bacher, Lars Christian

2,180

16,943

Dodson, Timothy

2,564

18,850

Gjærum, Reidar

1,543

18,093

Haugland, Arild J.

1,351

13,288

Hovden, Magne Andre

1,453

6,726

Klouman, Hans Henrik

2,634

14,071

Lund, Helge

6,590

60,049

Michelsen, Øystein

2,668

22,827

Nafstad, Hilde

1,089

4,690

Reitan, Torgrim

2,326

19,161

Skeie, Svein

1,240

14,552

Sætre, Eldar

2,659

24,977

Thomsen, Kåre

1,145

16,668

Øvrum, Margareth

2,941

30,767

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

The following primary insider in Statoil ASA has sold shares in Statoil ASA:

Benedikte Bjørn, company secretary in Statoil ASA, has on 25 March 2013 sold 284 shares in Statoil ASA at a price of NOK 142.90 per share and will after the sale hold 948 shares in Statoil ASA.

This information is subject of the disclosure requirements pursuant to sections 4-1 and 5-12 of the Norwegian Securities Trading Act.