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Mandatory notification of trade 

May 11, 2011, 13:37 CEST

Egle Merkeviciene, deputy board member in Statoil Fuel & Retail ASA has on 4 May 2011 sold 778 shares in Statoil ASA at a price of NOK 148.4 per share and will after the sale hold 100 shares in Statoil ASA through a related party.

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.