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TheStreet Open House

Statoil: Execution Of Debt Capital Market Transactions - Update

STAVANGER, Norway, Sept. 16, 2013 (GLOBE NEWSWIRE) -- Disbursements to Statoil ASA (OSE:STL) (NYSE:STO) of the following Note issues take place today, 16 September 2013:

* NOK 2,000,000,000 Notes with 4.13% interest rate and due 16 September 2025

* NOK 1,000,000,000 Notes with 4.27% interest rate and due 16 September 2033

The issue of the Notes was agreed and announced on 6 September. Since then plans to issue the Notes under Statoil ASA's USD 8,000,000,000 Euro Medium Term Note (EMTN) Programme with listing on the London Stock Exchange have been cancelled and the Notes will be registered in the Norwegian Securities Register (Verdipapirsentralen) and listed on the Oslo Stock Exchange. Bond Agreement shave been entered into with Norsk Tillitsmann ASA.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities of Statoil ASA nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

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

[HUG#1729406]

Contacts: Investor relations:

          Hilde Merete Nafstad, Senior vice president
          +47 957 83911

          Morten Sven Johannessen, VP Investor Relations USA
          +1 2039786950 / +1 2035702524

          Press:

          Fredrik Norman, media relations
          +47 918 66567

          Finance:

          Tron Vormeland, Vice president, Corporate financing
          +47 905 40135 (mobile), +47 51 99 42 97 (office)

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