Statoil ASA: Statoil's share saving plan allocates shares

STAVANGER, Norway, April 20, 2016 -- The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on 15 April 2016 for use in the group's Share Saving Plan have on 19 April 2016 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 8,855,095 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares at an average price of NOK 130.50.

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

HUG#2005009

CONTACT: Peter Hutton, SVP Investor Relations,
         mbl: +44 7881 918 792
         
         Morten Sven Johannessen, VP Investor Relations USA,
         mbl +1 203 570 2524