EDB Business Partner, through its subsidiary EDB Teamco, has entered an agreement with Statoil for operations of Statoil's information technology systems. The agreement covers provision of computing power and storage services on IBM mainframes and operations of Statoil's business critical applications on the same technical platform.

The agreement involves deliveries to Statoil's organisations in the three Scandinavian countries and has a value of approcimately NOK 50 million over a two-year period. In addition, Statoil has an option to extend the agreement for additional 2+2 years.

- We decided to prolong our existing agreement with EDB Teamco based on their competitive prices, high-quality deliveries and the good relations we have developed, says Director of Purchasing, Steffen Andersen of Statoil Detaljhandel Denmark.

- We are pleased that Statoil chose EDB Teamco as their computer operations partner in competition with several international bidders, and we particularly appreciate their reasons for doing so, says Managing Director John Arne Haugerud i EDB Teamco AS.

Oslo 12.12.01

Contact names:

John Arne Haugerud, Managing Director, EDB Teamco,
telephone +47 22 77 26 02, mobile +47 901 15 337

Bjørn Trondsen, CEO, EDB Business Partner ASA,
telephone +47 22 94 40 40, mobile +47 91 78 56 17