HNA/HNB - Mandatory notification of trade

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Mandatory notification of trade by primary insiders in Hafslund ASA.

All permanent employees in the Hafslund Group are given the opportunity to purchase 100 B-shares in Hafslund ASA at a 20 percent discount to market price.

The following primary insiders entered 20 June 2011 into an agreement for purchase of Hafslund B-shares, and following this, directly and indirectly, own:

Primary insider

Number of purchased B-shares

Balance of

B-shares following purchase

Balance of

A-shares

Christian Berg

100

15656

3000

Morten J. Hansen

100

277

0

Tyra Marie Hetland

100

100

0

Gøril Nordskag Johnsen

100

3202

0

Lars Ove Johansen

100

100

0

Per Luneborg

100

277

0

Per Kristian Olsen

100

10856

1000

Karen Onsager

100

427

0

Per Orfjell

100

252

0

Tove Pettersen

100

4256

0

Jan Presttun

100

3056

0

Finn Bjørn Ruyter

100

100

5000

Heine Rønningen

100

156

3300

Tore Schiøtz

100

3229

6200

Arvid Birger Smith

100

3056

0

Kari Ekelund Thørud

100

427

0

Ketil Wang

100

856

0

Hafslund ASA

Oslo, 20 June 2011