Statoil’s current credit ratings are as follows:

Moody's Standard & Poor's
Long-term rating Aa2 AA-
Short-term rating P-1 A-1+
Outlook Stable Stable

Moody's

Credit Opinion, 16 November 2011

Analysis, 8 December 2010

Copyright 2005 by Moody's Investor Service

Standard & Poor's

Full report , 23 December 2011

Reproduced with permission of Standard & Poor's.
Copyright by Standard & Poor's - A Division of the McGraw-Hill Companies, Inc.

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