HNA/HNB - Issue of new commercial paper and commercial paper buy back

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Hafslund ASA has 15 April 2008 issued a EUR 6 million commercial paper in the Belgian market with maturity 17 July 2008, yield 4.90 %. The loan is issued under Hafslund's Belgian commercial paper program.
 
Hafslund ASA has 15 April 2008 bought back NOK 5 million of the commercial paper 5,60 % Hafslund cert. 20.05.08, ISIN NO 001 038407.6, HNA70. After this transaction, outstanding amount in the market of this commercial paper is NOK 358 million.
 
 
Hafslund ASA
Oslo, 15 April 2008
  
For further information, please contact:
Group Treasurer Ketil Wang, tel + 47 975 13 135