Notifiable trading

On behalf of Statoil (OSE:STL, NYSE:STO), DnB NOR has on 15 August 2011
purchased 567,000 shares for use in the group`s Share saving plan.

The shares have been acquired at a price of NOK 122.52 per share.Before
distribution to the employees, the Share saving plan has7,219,326 shares.

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


[HUG#1538527]