Statoil : Notifiable trading

On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 09 December 2011 purchased
490,500 shares for use in the group`s Share saving plan.

The shares have been acquired at a price of NOK 153.08 per share. Before
distribution to the employees, the Share saving plan has 8,183,437 shares.

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


[HUG#1570482]