Statoil's share saving plan allocates shares

STAVANGER, Norway, Dec. 15, 2014 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 December 2014 for use in the group's share saving plan have on 12 December 2014 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 10,155,249 shares.

As participants in the share saving plan, the primary insiders below have been allocated shares.

Name Allocated
shares
New share
holding
Average
share price
Anfinnsen, Tor Martin 230 8,747 NOK 141.32
Bacher, Lars Christian 718 21,422 NOK 166.47
Bjørn, Benedikte Bettina 104 589 NOK 166.47
Di Valerio, Ingrid Elisabeth 186 2,241 NOK 166.47
Dodson, Timothy 619 23,982 NOK 166.47
Gjærum, Reidar 469 21,677 NOK 166.47
Hilland, Jannicke 337 11,119 NOK 166.47
Hovden, Magne Andre 427 9,332 NOK 166.47
Johannessen, Morten Sven 183 3,531 NOK 160.24
Klouman, Hans Henrik 678 19,861 NOK 166.47
Knight, John Nicholas 1,204 71,046 NOK 166.47
Kvelvane, Ørjan 276 2,480 NOK 166.47
Mathieu, Philippe François 265 7,049 NOK 160.24
Reitan, Torgrim 570 24,030 NOK 166.47
Skeie, Svein 558 18,167 NOK 166.47
Sætre, Eldar 497 29,163 NOK 166.47
Øvrum, Margareth 845 37,284 NOK 166.47

As participant in the Statoil US Employee Share Savings plan, the Statoil ASA primary-insider Mr. William Maloney has been allocated shares on 12 December 2014, at an average price of USD 27.24:

Name Allocated shares* New share holding*
Maloney, William 811.354262 43,700.130286

*American Depositary Receipts (ADR)

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

HUG#1880012

CONTACT: Hilde Merete Nafstad, SVP Investor Relations, mbl +47 95783911 Morten Sven Johannessen, VP Investor Relations USA, mbl +1 203 570 2524Source:Statoil