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Statoil’s share saving plan allocates shares 

March 20, 2007, 08:35 CET

The shares purchased by DnB NOR on behalf of Statoil (OSE:STL, NYSE:STO) on 15 March 2007 for use in the group’s share saving plan have on 19 March 2007 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 1,144,401 shares.