Hafslund - Oslo Energi Holding AS announces preliminary results of voluntary offer

Reference is made to the voluntary offer made by Oslo Energi Holding AS to acquire all outstanding shares in Hafslund ASA, cf. offer document dated 30 June 2017. The acceptance period of the voluntary offer expired on 28 June 2017 at 15:00 CET. Oslo Energi Holding AS has received acceptances under the voluntary offer for a total of 105,836,032 of shares of class A and 66,556,001 of shares of class B, representing approximately 91.69% of the voting rights and 88.32% of the share capital in Hafslund ASA.

The calculation of the number of shares tendered in the voluntary offer is preliminary and remains subject to potential adjustments through a verification process currently being undertaken by Pareto Securities as receiving agent for the voluntary offer. The final result will be announced once confirmed by the receiving agent.

Settlement of the voluntary offer will be made as soon as possible and no later than 11 August 2017.

Oslo, 28 July 2017

For further information, please contact:

Pareto Securities Corporate Finance. Telephone +47 22 87 87 00.