Borge Brende leaves the board of directors of Statoil


STAVANGER, Norway, Oct. 16, 2013 (GLOBE NEWSWIRE) --

Børge Brende has informed that he will resign from his position as member of the
board of directors in Statoil ASA (OSE: STL, NYSE: STO) with immediate effect.

Brende has been appointed as Minister of Foreign Affairs in the Norwegian
government.

Contacts:

Investor relations
Hilde Merete Nafstad, senior vice president, investor relations
Tel: +47 957 83 911

Media
Jannik Lindbæk Jr, vice president, media relations
Tel: +47 977 55 622

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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