November 21, 2012 at 01:48 AM EST
Statoil: Change in settlement date in relation to new Notes issue

STAVANGER, NORWAY -- (Marketwire) -- 11/21/12 -- Statoil ASA (OSE:STL, NYSE:STO) announces a change in the settlement date in relation to the new issue of USD 300,000,000 aggregate principal amount of 4.250% Notes due November 23, 2041 (the "Reopened 2041 Notes") which were priced on November 14, 2012. The new settlement date is November 23, 2012. The change in settlement date aligns the first interest period for the Reopened 2041 Notes with the originally issued 4.250% Notes due November 23, 2041.

The settlement date in relation to the issue of USD 600,000,000 1.200% Notes due January 17, 2018 and the issue of USD 1,100,000,000 2.450% Notes due January 17, 2023, also priced on November 14, 2012, remains unchanged and is November 21, 2012.

.........................

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities of Statoil ASA nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act).


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE

[HUG#1659668]

Further information from:

Investor relations:
Hilde Merete Nafstad
Senior vice president,
+47 957 83911

Morten Sven Johannessen
VP Investor Relations USA,
+1 2039786950
+1 2035702524

Press:
Fredrik Norman
Media relations
+47 918 66567

Finance:
Tron Vormeland
Vice president, Corporate financing
+47 905 40135 (mobile)
+47 51 99 42 97 (office)

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