Correction: Error in reporting of trade subject to notification

May 19, 2016 | Last modified June 28, 2016 14:43 CEST

This is a correction of the announcement from 08:24 10.05.2016 CEST. Reason for the correction: Missing number in the share trading reporting of a primary insider’s spouse.

Some shares of a primary insider’s spouse was missing in the reporting of share trading on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 May 2016.

As a participant in Statoil’s Long Term Incentive share saving program, primary insider Hans Jakob Hegge in Statoil ASA has on 10 May 2016 been allocated shares at an average price of NOK 136,38 per share:

Name: Hans Jakob Hegge 

Allocated shares: 122

New share holding: 26185

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