Statoil ASA: Notifiable trading

The following primary insider in Statoil ASA has sold shares in Statoil ASA:

Reidar Gjærum, senior vice president in Statoil ASA (OSE:STL, NYSE:STO), has on
9 May 2018 sold 10,000 shares in Statoil ASA at a price of NOK 210,10 per share
and will after the sale hold 23.251 shares in Statoil ASA.

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