Equinor - Share Issue/Capital Change 2016

Statoil ASA: Completion of share capital increase in connection with the Dividend Issue for second quarter 2016

Reference is made to the previous announcements by Statoil ASA (the "Company",

OSE:STL, NYSE:STO) regarding the Dividend Issue for second quarter 2016.

The share capital increase related to the Dividend Issue was registered today

with the Norwegian Registry of Business Enterprises (Foretaksregisteret).

Following the completion of the share capital increase, the share capital of the

Company is NOK 8,112,623,527.50 divided into 3,245,049,411 shares, each with a

par value of NOK 2.50.

The Dividend Shares will be registered with VPS under ISIN NO 0010096985 and

will be traded on Oslo Børs ("Oslo Stock Exchange") under the Company's ticker

"STL". Trading of the new shares will commence on 19 December 2016.

Payment of the cash dividend to holders of ordinary shares on Oslo Børs is

expected to be on or about 16 December 2016. Cash payment of the dividend to

holders of ADRs is expected to be on or about 19 December 2016.

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

This announcement and the information contained herein does not constitute or

form a part of, and should not be construed as, an offer for sale or

subscription for or solicitation or invitation of any offer to subscribe for or

purchase of dividend shares or any other securities of the Company and cannot be

relied on for any investment contract or decision.

It may be unlawful to distribute this announcement in certain jurisdictions.

This announcement is not for distribution in any jurisdiction in which prior

registration or approval is required for that purpose. No steps have been taken

or will be taken in any jurisdiction outside of Norway in which such steps would

be required. No competent authority or any other regulatory body has passed upon

the adequacy of this document or approved or disapproved the distribution of

dividend shares outside of Norway. Any representation to the contrary may be a

criminal offense.

AI assistant