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Statoil's share saving plan allocates shares

STAVANGER, Norway, Jan. 20, 2015 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2015 for use in the group's share saving plan have on 19 January 2015 been distributed to the employees in accordance with their savings amount.

In addition, bonus shares have been allocated based on participation in the program in 2012.

Following this, the share saving plan has 7,525,893 shares.

As participants in the share saving plan, the primary insiders below have been allocated bonus shares in accordance with their saving plan in 2012, at a price of NOK 130.63 per share.

Name Allocated
shares
New
share
holding
Anfinnsen, Tor Martin 701 9 448
Bacher, Lars Christian 995 22 417
Bjørn, Benedikte Bettina 213 802
Di Valerio, Ingrid Elisabeth 254 2 495
Dodson, Timothy 891 24 873
Gjærum, Reidar 733 22 410
Hovden, Magne Andre 620 9 952
Klouman, Hans Henrik 1060 20 921
Knight, John Nicholas 1593 72 639
Kvelvane, Ørjan 335 2 815
Mathieu, Philippe François 502 7 551
Reitan, Torgrim 806 24 836
Skeie, Svein 830 18 997
Sætre, Eldar 823 29 986
Øvrum, Margareth 1151 38 435

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

HUG#1888235

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