Statoil Merger Prospectus Available

Thursday, May 31, 2007
Statoil’s registration statement on Form F-4, which includes the prospectus relating to the planned merger of Norsk Hydro’s petroleum business with Statoil, was declared effective by the US Securities and Exchange Commission (SEC) on May at 25.

The prospectus will be sent to all US shareholders in Statoil and Hydro along with the notices of extraordinary general meetings which will discuss the merger plan. Along with the notice of meeting, all other shareholders will receive a prospectus which is identical to the one sent to US shareholders, with the exception of certain additions and omissions pursuant to stock exchange and securities regulations in Norway.

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