Hafslund - Mandatory notification of trade

All permanent employees in the Hafslund Group are offered to purchase B-shares in Hafslund ASA for NOK 7,500.-, NOK 15,000.- or NOK 25,000.- at a 20 percent discount to average volume weighted market price during the period of 8 June to 17 June 2015. A total of 155,402 B-shares were on 17 June 2015 transferred to employees in Hafslund, of which 7,439 B-shares to primary insiders. The shares, exclusive of any discount, are transferred at NOK 58.06 per share. Following this transaction, Hafslund's balance of own shares is 265,009 class B-shares and 1 class A-share.

The following primary insiders have at the end of the order period, the 17 June, purchased Hafslund B-shares, and following this, directly and indirectly, own:

Hafslund ASA
Oslo, 18 June 2015