Jakob Stausholm is a new member of the board of Statoil ASA since July 2009, and is also member of the board's audit committee. Stausholm replaced Kurt
Anker Nielsen. Einar Arne Iversen, elected by the employees, is also new member of the board of Statoil ASA since June 2009 and replaces Claus Clausen.

Geir Nilsen and Ragnar Fritsvold were observers in the board up to June 2009.

The board held 11 meetings in 2009 and the meeting attendance was 94%.

The board's audit committee held six meeting in 2009 and the meeting attendance was 95%.

The compensation committee held eight meetings in 2009 and the meeting attendance was 81%.

Stavanger, 17 March 2010


THE BOARD OF DIRECTORS OF STATOIL ASA