Hafslund ASA - long-term loan

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Hafslund has today signed an agreement with the Nordic Investment Bank on a long-term loan of EUR 40 million. The loan has a bullet structure and a maturity of 8 years. The loan has competitive conditions and will be drawn in NOK.
 
The loan will contribute to a longer average term of Hafslund's loan portfolio.
 
 
Oslo, 11 November 2003
 
 
For further information please contact: CFO Christian Berg, phone + 47 22 43 57 01/ + 47 917 46 910