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First quarter report 2008

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Financial highlights

First quarter 2008
• Pre-tax operating profits before write-downs were NOK 1.5 billion (3.8)
• Profit for the period was NOK 1.1 billion (2.9)
• Return on equity was 5.7 per cent (17.2)
• Earnings per share were NOK 0.79 (2.11)
• Expenses represented 74.3 per cent of income (49.8)
• The core capital ratio, including 50 per cent of interim profits, was 7.0 per cent (7.6)

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