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Law On Guarantee Completion From Statoil Asa By Private Placement And The Sale Of State Shares

Original Language Title: Lov om garantistillelse fra Statoil ASA ved emisjon og salg av statens aksjer

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Law of the warranty from Statoil ASA by the emission and sale of the state's stock.

Date LOL-2001-05-18-22
Ministry of Oil and Energy Department
Last modified
Published In 2001 booklet 6
Istrontrecation 18.05.2001
Changing
Announcement
Card title Law of Warranty from Statoil ASA at stock sales
Section 1.By emission (capital increase) or sale of the state's shares of Statoil ASA can the company with the consent of the King ask necessary guarantees in connection with the emir or sale, herding the claim of claims as a result of unrikening, misleading or lacking information in the prospectus used at the future of the offer of drawing or buying stock in the company. Such guarantees shall determine a amounts of the company's liability, at what point the warranty is dropping and specifying other provisions about the extent of the company's liability.
Section 2.Requirement after guarantees in co-hold of Section 1 can be made current against Statoil ASA without the obstacle of otherwise the current self-and securities legal principles and rules. Section 3.The law takes effect from the time the King decides. 1
1 From 18 May 2001 ifg. res. 18 May 2001 # 515.