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Statoil’s share saving plan allocates shares 

June 19, 2007, 18:00 CEST

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

Following this, the share saving plan has 1,469,218 shares.