Statoil: Execution Of Debt Capital Market Transactions

STAVANGER, Norway, Nov. 6, 2013 (GLOBE NEWSWIRE) --
On Tuesday November 5, 2013 Statoil ASA (OSE:STL, NYSE:STO), guaranteed byStatoil Petroleum AS, executed the following debt capital market transactions:  * Issue of USD 750,000,000 1.950% Notes due November 8, 2018  * Issue of USD 750,000,000 Floating Rate Notes due November 8, 2018  * Issue of USD 750,000,000 2.900% Notes due November 8, 2020  * Issue of USD 1,000,000,000 3.700% Notes due March 1, 2024  * Issue of USD 750,000,000 4.800% Notes due November 8, 2043The net proceeds from the issue of the Notes will be used for general corporatepurposes which may include  repayment or purchase of existing debt or otherpurposes described in the prospectus supplement for these issues of Notes. Thetransactions will increase the financial flexibility of the company.The Notes have been fully subscribed. The settlement date is November 8, 2013.Any public offering in the United States is being made solely by means of aprospectus supplement to the prospectus included in the Registration Statementfiled by Statoil ASA and Statoil Petroleum AS and previously declared effective.Further information from:Investor relations:Hilde Merete Nafstad, Senior vice president,+47 957 83911Morten Sven Johannessen, VP Investor Relations USA,+1 2039786950 / +1 2035702524Press:Fredrik Norman, media relations,+47 918 66567Finance:Tron Vormeland, Vice president, Corporate financing,+47 905 40135 (mobile), +47 51 99 42 97 (office).....................This announcement does not constitute an offer to sell or the solicitation of anoffer to buy any securities of Statoil ASA nor shall there be any sale of thesesecurities in any jurisdiction in which such offer, solicitation or sale wouldbe unlawful prior to registration or qualification under the securities laws ofsuch jurisdiction.This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.[HUG#1740898]

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