Commencement of subscription period for the Dividend Issue for the fourth quarter 2016 under the Scrip Dividend Programme

Reference is made to the previous announcement by Statoil ASA (OSE:STL, NYSE:STO, the “Company”) regarding the resolution of the annual general meeting on 11 May 2017 to approve to continue the two- year scrip dividend programme through third quarter 2017 (the “Scrip Dividend Programme”) and to distribute a dividend of USD 0.2201 (NOK 1.8784, as announced 22 May 2017) per share for the fourth quarter 2016 that shareholders can choose to receive either in new shares of the Company (“Dividend Shares”) or in cash. …. [Persbericht]