Reference is made to the announcement by Statoil ASA (the "Company", OSE: STL, NYSE: STO) on 14 December 2017 regarding the participation by the primary insiders in the dividend issues under the scrip dividend programme for second quarter 2017.

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

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Name Title Dividend Shares allocated to primary insider Dividend Shares allocated to close associate(s) New shareholding primary insider Newshareholding close associate(s) Totalshareholding
Agerup, Wenche Member of the board of directors 27   2,677     2,677
Bacher, Lars Christian Executive vice president 251   24,651   24,651
Di Valerio, Ingrid E. Member of the board of directors  49    4,870   4,870
Dodson, Timothy Executive vice president 365   35,871   35,871
Gjærum, Reidar Senior vice president 336 4 33,011    445 33,456
Hegge, Hans Jakob Chief Financial Officer 299 43 29,370 4,277 33,647
Hika, Gemetchu Company secretary 17   1,674     1,674
Hovden, Magne Senior vice president 193   19,021   19,021
Klouman, Hans Henrik Senior vice president 363   35,701   35,701
Knight, John Executive vice president 926   113,469   113,469
Kvelvane, Ørjan Senior vice president 64   6,313   6,313
Labråten, Per Martin Member of the board of director 15   1,531   1,531
Lægreid, Stig Member of the board of directors 20   1,995   1,995
Nilsson, Jannicke Chief Operating Officer 232   22,793   17,077 39,870
Nylund, Arne Sigve Executive vice president 137   13,491   13,491
Reinhardsen, Jon Erik Chair of the board of Directors 26     2,584     2,584
Reitan, Torgrim Executive vice president 368   36,152 1,574 37,726
Rummelhoff, Irene Executive vice president 261   25,649 407 26,056
Skeie, Svein Senior vice president 242 64 23,787 6,325 30,112
Sætre, Eldar President and Chief Executive Officer 594   58,377   58,377
Torstensen, Siv Helen Vice president 53 16 5,286 1,596 6,882
Økland, Jens Executive vice president 181   17,838   17,838
Øvrum, Margareth Executive vice president 511 81 50,244 8,003 58,247