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Statoil’s share saving plan allocates shares 

June 21, 2005, 10:40 CEST

The shares purchased by DnB NOR on behalf of Statoil (OSE: STL, NYSE: STO) on 15 June 2005 for use in the group’s share saving plan have on 20 June 2005 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 421,191 shares.