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Statoil: Notifiable trading

STAVANGER, Norway, March 16, 2015 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 13 March 2015 purchased 700,062 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 134.56 per share.

Before distribution to the employees, the Share saving plan has 8,507,021 shares.

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

HUG#1903662

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

Source:Statoil