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  <h1>Statoil US Employee Share Savings plan allocates shares &nbsp;</h1> 
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    <div class="date-module"> <span class="date_module-icon fa fa-calendar"></span> <span>July 7, 2011, 11:55 CEST</span> 
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        <td valign="bottom" width="121" nowrap="true"> <p>Date of allocation</p> </td> 
        <td valign="bottom" width="120" nowrap="true" align="right"> <p>Allocated shares*</p> </td> 
        <td valign="bottom" width="132" nowrap="true" align="right"> <p>New share holding*</p> </td> 
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        <td valign="bottom" width="121" nowrap="true"> <p>17 June</p> </td> 
        <td valign="bottom" width="120" nowrap="true" align="right"> <p>143.270369</p> </td> 
        <td valign="bottom" width="132" nowrap="true" align="right"> <p>3880.549537</p> </td> 
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        <td valign="bottom" width="121" nowrap="true"> <p>05 July</p> </td> 
        <td valign="bottom" width="120" nowrap="true" align="right"> <p>102.828907</p> </td> 
        <td valign="bottom" width="132" nowrap="true" align="right"> <p>3983.378441</p> </td> 
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     <p>*American Depositary Receipts (ADR)<br><br><em>This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.</em></p> 
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As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated the following number of shares in June and July 2011:

Date of allocation	Allocated shares*	New share holding*
17 June	143.270369	3880.549537
05 July	102.828907	3983.378441