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Hafslund – Oslo City Council has approved transactions in Hafslund ASA

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Reference is made to the stock exchange announcements on 26 April 2017, where it was announced that the City of Oslo, through a new wholly-owned company, will make a voluntary offer for the purchase of all shares in Hafslund ASA, which will be followed by a compulsory acquisition. The transactions were approved by the Oslo City Council on 14 June 2017 and is previously approved by the Norwegian, Swedish and Finnish Competition Authorities. The transactions are expected to be completed in third quarter 2017.

Hafslund ASA
Oslo, 15 June 2017

For further information, please contact:

Heidi Ulmo, Chief Financial Officer (CFO), tel.: +47 909 19 325, email: heidi.ulmo@hafslund.no

Martin Lundby, Head of Finance and IR, tel: +47 416 14 448, email: martin.lundby@hafslund.no