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Notifiable trading 

March 18, 2005, 08:55 CET

The shares purchased by DnB NOR on behalf of Statoil (OSE: STL, NYSE: STO) on 15 March 2005 for use in the group`s share saving plan have on 18 March 2005 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 223,426 shares.