STAVANGER, NORWAY--(Marketwire - Jun 20, 2012) - Marit Arnstad has informed that she will
resign from her position as deputy
chair and member of the board of directors in Statoil ASA (OSE: STL, NYSE:
with immediate effect.
The nomination committee in Statoil will start its search for a new board
member, and the corporate assembly will make a by-election when the
committee's recommendation is ready. Olaug Svarva is chair of the
committee in Statoil.
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
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Source: Statoil via Thomson Reuters ONE