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Statoil ASA: Allocation of Dividend Shares to primary insiders

Reference is made to the announcement by Statoil ASA (the "Company", OSE: STL, NYSE:STO) on 22 September 2016 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme for first quarter 2016.

Further reference is made to the stock market announcement on 14 December 2016 regarding allocation to primary insiders of shares under the share saving plan.

Details on allocation of the Dividend Shares for the second quarter 2016 are set forth in the attached overview.

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

Attachments:

http://www.globenewswire.com/NewsRoom/AttachmentNg/e351680b-5db3-4c6c-952b-8bf0820451ba

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

Source:Statoil