Statoil: Notifiable trading

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| Source: Statoil

STAVANGER, Norway, March 17, 2014 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE:STL, NYSE:STO), DNB has on 14 March 2014 purchased 564,243 shares for use in the group's Share saving plan.

The shares have been acquired at a price of NOK 164.82 per share.

Before distribution to the employees, the Share saving plan has 8,130,876 shares.

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

HUG#1769026

Hilde Merete Nafstad, SVP Investor Relations,
mbl +47 95783911

Morten Sven Johannessen, VP Investor Relations USA,
mbl +1 203 570 2524