Hafslund Sikkerhet AS has entered an agreement with Norges Bank (the Central Bank of Norway) to acquire 33.5 percent of the shares in Norsk Kontantservice AS (NOKAS). The transaction has a value of NOK 17.5 million. The sale is approved by the Norges Bank Committee but conditional upon the other shareholders not exercising their right of first refusal. The shares will be transferred as soon as the other shareholders have confirmed whether their right of first refusal will be exercised.

 

Reference is made to press release from Norges Bank.

 

Hafslund ASA

 

Oslo, 9 December 2005

 

For further information please contact:

 

Senior Information Manager, Karen Onsager, +47 92 08 70 07 Vice President Investor Relations, Heidi Ulmo, +47 90 91 93 25