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Mandatory notification of trade - Statoil ASA 

February 22, 2011, 16:57 CET

22 February 2011 - The following primary insider in Statoil Fuel and Retail ASA has sold shares in Statoil ASA:

Eline Gedde-Dahl Klokk who is PA for Klaus-Anders Nysteen, CFO of Statoil Fuel & Retail has sold 375 shares in Statoil ASA on 22 February 2011 at a total sales price of NOK 53,836 and will after the sale hold 0 shares in Statoil ASA.

Further information

Investor relations
Hilde Merete Nafstad, senior vice president investor relations, +47 957 83 911 (mobile)

Morten Sven Johannessen, vice president investor relations USA, + 1 203 570 2524 (mobile)

Jannik Lindbæk jr., vice president for media relations, +47 977 55 622 (mobile)

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.