The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE: STO) on 8 December 2017 for use in the group's Share Saving Plan have on 12 December 2017 been distributed to the employees in accordance with their savings amount.

Following this, the share saving plan has 11,243,234 shares.

As participants in the share saving plan, Statoil's primary insiders, and their close associates have been allocated shares at an average price of NOK 166.85 per share. Details on allocation of shares are set forth in the enclosure.

The information is subject of the disclosure requirements set forth in section 5-12 of the Norwegian Securities Trading Act.