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Statoil’s share saving plan allocates shares 

November 20, 2006, 08:00 CET

15 November 2006 DnB NOR purchased on behalf of Statoil (OSE:STL, NYSE:STO) 125,000 shares for use in the group’s share saving plan.

83,800 shares have on 17 November 2006 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 1,200,572 shares.

Closely related to primaryinsider Jacob S Middelthon has retired and received 91 bonus shares average of NOK 154.62.