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Statoil US Employee Share Savings plan allocates shares

STAVANGER, NORWAY -- (Marketwire) -- 01/04/13 -- As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary insider Mr. William Maloney has on 4 January 2013 been allocated bonus shares based on participation in the program in 2010, at a share price of USD 25.56:

Name               Allocated shares*   New share holding*

Maloney, William            315,059        18,446.962915

*American Depositary Receipts (ADR)

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

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(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE

[HUG#1668292]

Lars Troen Sorensen
senior vice president for investor relations
+47 51 99 77 90 / +47 90 64 91 44

Geir Bjornstad
vice president for investor relations in the USA
+1 203 978 6950, +1 203 570 5757

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