Notifiable trading

The Statoil ASA primary-insider, Mr. William Maloney, has today 04 March 2011
bought Statoil ASA shares* at the New York Stock Exchange (NYSE) at a price of
$26.4602 per share.

Number of acquired shares and new total share holding is listed in the table
below.

Name Purchased* New share holding*

William Maloney 2620.917453 3288.234314





*American Depositary Receipts (ADR)



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


[HUG#1494680]