Election of employee representatives to Statoil's board

The corporate assembly has re-elected the three employee representatives to the
board of directors of Statoil ASA (OSE:STL, NYSE:STO).
 
Lill-Heidi Bakkerud (representing IE), Morten Svaan (representing Tekna) and
Einar Arne Iversen (representing NITO) have been re-elected as board members in
Statoil ASA.
 
All three members have been elected to serve for a period of two years.
 
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
 
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Source: Statoil via Thomson Reuters ONE
 
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