Reference is made to the announcement by Statoil ASA (the "Company", OSE: STL, NYSE:STO) on 21 September 2017 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme for first quarter 2017.

Details on allocation of the Dividend Shares for the second quarter 2017 are set forth in the enclosed overview.

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