Hafslund - Mandatory notification of trade

Reference is made to notice given 15 November 2013.

All permanent employees in the Hafslund Group are offered to buy 150, 300 or 600 B-shares in Hafslund ASA at a 20 percent discount to market price. A total of 208,950 B-shares will on 28 November 2013 be transferred to employees in Hafslund, of which 8,850 B-shares to primary insiders. The shares, exclusive of any discount, are transferred at NOK 45.50 per share. Following this transaction, Hafslund's balance of own shares is 188,411 class B-shares. The company does not hold any Hafslund A-shares.

Hafslund ASA
Oslo, 28 November 2013