HNA/HNB - MANDATORY NOTIFICATION OF TRADE

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Primary insider and Group Senior Vice President Heat & Infrastructure Per Kristian Olsen has the 13th of February sold 5 000 class B-shares, at a price of NOK 145.- per share, in Hafslund ASA. Following this sale, Per Kristian Olsen, directly and indirectly, owns 1 000 A-shares and 10 429 B-shares in Hafslund ASA.
 
Oslo, 13 February 2007