Statoil : Statoil: Notifiable trading

                    Statoil : Statoil: Notifiable trading

The following primary insiders have on 6 May acquired shares in Statoil ASA
(OSE:STL, NYSE:STO) at a share price of NOK 136.66 in connection with the
company's long-term incentive programme.

These are supplementary purchases related to the share purchases that were
carried out on 25 March.

The long-term incentive programme is a fixed, monetary compensation calculated
as a portion of the participant's base salary; ranging from 20 - 30 per cent
depending on the individual's position.

On behalf of the participant, the company acquires shares equivalent to the
net annual amount. The grant is subject to a three year lock-in period. Number
of acquired shares and their new total shareholding is listed in the table
below. The trade has been made through DNB Markets.

Name                   Acquired New share
                         shares   holding
Bacher, Lars Christian       73    17,401
Dodson, Timothy             169    19,237
Gjærum, Reidar               41    18,400
Haugland, Arild J.           35    13,547
Hovden, Magne Andre          49     7,016
Klouman, Hans Henrik         68    14,524
Lund, Helge                 208    60,546
Michelsen, Øystein           89    23,290
Nafstad, Hilde               54     4,919
Reitan, Torgrim             187    19,656
Skeie, Svein                 52    14,910
Sætre, Eldar                 89    25,355
Øvrum, Margareth            117    31,350

In addition to the supplementary purchase reported above, the following
primary insider has on 6 May acquired shares in Statoil ASA (OSE:STL,
NYSE:STO) at a share price of NOK 136.66 in connection with the company's
long-term incentive programme.

Name                  Acquired New share
                        shares   holding
Knight, John Nicholas    9,261    50,086


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

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Source: Statoil via Thomson Reuters ONE
HUG#1699813