Statoil US Employee Share Savings plan allocates shares

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 April 2011:

+---------------------+--------------------+---------------------+
| Date of allocation  | Allocated shares*  | New share holding*  |
+---------------------+--------------------+---------------------+
| 04 April  | 98.566959  | 3547.351732  |
+---------------------+--------------------+---------------------+

*American Depositary Receipts (ADR)

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



[HUG#1503036]