The corporate assembly must be composed of at least 12 members or a larger quantity divisible by three. Shareholders elect two-thirds of the members to the corporate assembly, while employees elect the remaining third.

Pursuant to StatoilHydro's articles of association, our corporate assembly consists of 18 members. Twelve memebers and four alternates are elected at the general meeting by the shareholders, and six members are elected by and among the employees, such employees being non-executives.

Members of the corporate assembly are elected for a term of two years. Members of the board of directors and the general manager cannot be members of the corporate assembly, but they are entitled to attend and to speak at meetings of the corporate assembly unless the corporate assembly decides otherwise in individual cases.

The corporate assembly's main duty is to elect the board of directors.

Its responsibilities also include overseeing the board and CEO's management of the company, making decisions on investments of considerable magnitude in relation to the company's resources and making decisions involving the rationalisation or reorganisation of operations that will entail major changes in or reallocation of the workforce.

The duties of the corporate assembly are defined in section 6-37 of the Norwegian Public Limited Liability Companies Act.

The corporate assembly held five meetings in 2008.

The following is a list of the members of the corporate assembly as of 31 December 2008:

Name	Occupation	Place of Residence	Year of birth	Position	Family relations to Corporate Executive committee, Board or Corporate Assembly members	Share ownership for members	First time elected	Expiration date of current term
Olaug Svarva	Managing Director, Folketrygdfondet	Oslo	1957	Chair, Shareholder elected	No	0	2007	2010
Idar Kreutzer	CEO, Storebrand	Oslo	1962	Deputy chair, Shareholder elected	No	0	2007	2010
Karin Aslaksen	Senior Vice President, Elkem AS	Hosle	1959	Shareholder elected	No	0	2008	2010
Greger Mannsverk	Managing Director, Bergen Group Kimek	Kirkenes	1961	Shareholder elected	No	0	2002	2010
Steinar Olsen	Self-employed	Stavanger	1949	Shareholder elected	No	0	2007	2010
Benedicte Berg Schilbred	Working Chair of the Board, Odd Berg Group	Tromsø	1946	Shareholder elected	No	0	2007	2010
Ingvald Strømmen	Dean, NTNU	Ranheim	1950	Shareholder elected	No	0	2006	2010
Inger Østensjø	Chief administrative officer, Stavanger Municipality	Stavanger	1954	Shareholder elected	No	0	2006	2010
Rune Bjerke	CEO, DnBNOR	Oslo	1960	Shareholder elected	No	0	2007	2010
Gro Brækken	Secretary General, Save the Children	Snarøya	1952	Shareholder elected	No	0	2007	2010
Kåre Rommetveit	Director, Bergen Medical research foundation	Hjellestad	1945	Shareholder elected	No	0	2007	2010
Tore Ulstein	Managing Director, Ulstein International	Ulsteinvik	1967	Shareholder elected	No	0	2008	2010
Anne Synnøve Hebnes	Manager, Technology & New Energy	Stavanger	1972	Employee representative	No	0	2006	2009
Per Helge Ødegård	Union Official, Exploration & Production Norway	Porsgrunn	1963	Employee representative	No	964	1994	2009
Arvid Færaas	Manager, Natural Gas	Vormedal	1962	Employee representative	No	344	2000	2009
Einar Arne Iversen	Union Official, Corporate Staffs & Services	Molde	1962	Employee representative	No	1512	2000	2009
Tore Amund Fredriksen	Principal engineer, Technology & New Energy	Porsgrunn	1953	Employee representative	No	826	2007	2009
Per Martin Labråthen	Process technician, Exploration & Production Norway	Brevik	1961	Employee representative	No	129	2007	2009
Jan-Eirik Feste	Union Official, Marketing & Manufacturing	Lindås	1952	Employee representative, observer	No	130	2008	2009
Anne K.S. Horneland	Union Official, Exploration & Production Norway	Hafrsfjord	1956	Employee representative, observer	No	1760	2006	2009

All members of the corporate assembly reside in Norway. Members of the corporate assembly do not have service contracts with the company or its subsidiaries providing for benefits upon termination of employment.