Mandatory notification of trade

Board member in Statoil ASA Jakob Stausholm has today
purchased 2600 shares in Statoil ASA for NOK 122.30
per share. The total number of shares in Statoil ASA
owned by Jakob Stausholm after today's transaction
are 2600.

Statoil ASA
Stavanger, 23. August 2010

Contact Statoil Investor Relations:
Odd Marius Hygen. Tel: +47 4829 5755