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2016-05-19

Correction: Statoil ASA: Error in reporting of trade subject to notification

This is a correction of the announcement from 08:24 10.05.2016 CEST. Reason
for the correction: Missing number in the share trading reporting of a
primary insider's spouse.

Some shares of a primary insider's spouse was missing in the reporting of
share trading on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 10 May 2016.

As a participant in Statoil's Long Term Incentive share saving program,
primary insider Hans Jakob Hegge in Statoil ASA has on 10 May 2016 been
allocated shares at an average price of NOK 136,38 per share:

Name: Hans Jakob Hegge
Allocated shares: 122
New share holding: 26185

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Statoil via Globenewswire

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