StatoilHydro’s share saving plan allocates shares 

The shares purchased by DnB NOR on behalf of StatoilHydro (OSE:STL, NYSE:STO) on 17 January 2008 for use in the group’s share saving plan have on  22 January 2008  been distributed to the employees in accordance with their savings amount  and bonus shares for the 2005 share saving plan.

Following this, the share saving plan has 1 929 751 shares.  As participants in the share saving plan, the primary insiders below have been allocated shares in accordance with their saving plan 2005 to an average price of NOK 146.15.

	Bonus 2005	New shares holding
Sætre Eldar	244	2883
Øvrum Margareth	297	4581
Thomsen Kåre	262	4124
Svaan Morten	29	662
Bjørnson Rune	132	1479
Lund Helge	781	6761
Gjærum Reidar	291	2651
Reitan Torgrim	154	1535
Sørensen Lars Troen	137	2564
Jacobsen Jon Arnt	244	4065
	2571	36437