Hafslund ASA has issued a new 10 year bond with fixed interest: ISIN NO 001 0373194 - 6.00 % Hafslund ASA open bond 2007/2017. The first tranche of the issue amounts to NOK 500 million. Payment date is 12 June 2007. The bond has a total size of NOK 750 million. Hafslunds largest shareholder, The City of Oslo, is the sole investor in the first tranche.

 

Arranger: DnB NOR Markets and Nordea Markets.

 

DnB NOR and Nordea Makrets have made an independent evaluation and consider the bond to be made at market terms.

 

The proceeds will be used for general refinancing.

 

 

Hafslund ASA

 

Oslo, 7 June 2007

 

For further information, please contact: