|Information related to dividend issues under Statoil's scrip dividend programme|
|Quarterly dividend||Subscription period start||Subscription period end||Completion of share capital increase||Subscription price Oslo Børs (NOK)||Subscription price NYSE (USD)||Total number of shares issued||Total number of shares post dividend issue|
|Q2 2016||21 Nov 2016||2 Dec 2016||15 Dec 2016||142.35||16.87||18,134,091||3,245,049,411|
|Q1 2016||29 Aug 2016||9 Sept 2016||22 Sept 2016||126.57||15.49||19,969,275||3,226,915,320|
|Q4 2015||30 May 2016||10 June 2016||23 June 2016||130.64||15.97||18,298,942||3,206,946,045|
Dividend dates and payments
Dividends we pay with respect to shares or ADRs will generally be qualified dividend income and subject to 15% withholding tax.
From and including the third quarter of 2015, dividend is declared in USD, and the NOK dividend will be calculated and communicated four business days after the record date for Oslo Børs shareholders. The NOK dividend will be based on average USD/NOK fixing rates from Norges Bank in the period plus/minus three business days from record date, in total seven business days.
Statoil announced the second quarter dividend in both USD and NOK, based on the effective exchange rate. The dividend for the second quarter of 2015 is declared in USD in order to achieve exact NOK 1.80, using the official USD/NOK fixing rate from Norges Bank on 27 July 2015.