Dividend policy 

Our dividend policy reflects our ambition to return an amount in the range of 45 to 50% of consolidated net income pursuant to IFRS to our shareholders, through cash dividends and share repurchases.

It is StatoilHydro's ambition to grow the ordinary cash dividend measured in NOK per share. Furthermore, it is StatoilHydro's intention to return to it shareholders, through cash dividends and share repurchases, an amount in the range of 45 to 50 % of consolidated net income as determined in accordance with IFRS.  In any one year, however, the aggregate of cash dividends  and share repurchases may be higher or lower than 45 to 50 % of net income, depending on the company's evaluation of expected cash flow, capital expenditure plans, financing requirements and appropriate financial flexibility.

For more information on the purchase of StatoilHydro shares, see report section 7.2 Shareholder information-Equity securities purchased by issuers.

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