Nov. 2, 2009 (Hugin AS) --

StatoilHydro ASA is changing its name to Statoil ASA (NYSE:STO) with effect from
today. The ticker symbols will remain unchanged as STL on the Oslo
Stock Exchange and STO on the New York Stock Exchange.

Contacts:

Press
Ola Morten Aanestad, vice president media relations, +47 48 08 02 12
(mobile)

Investor relations
Lars Troen Sørensen, senior vice president investor relations, + 47
90 64 91 44 (mobile)

Geir Bjørnstad, vice president, US investor relations, + 1 203 978
6950


This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.