HNA/HNB - New bond issue

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Hafslund ASA has issued a new bond FRN Hafslund 2005/2007 ISIN NO 001 028776.6. The first tranche of the issue amounts to NOK 500 million. Of this amount NOK 300 million is sold to investors and the remaining NOK 200 million is kept as part of Hafslund's treasury. Payment date is 17 October 2005.
 
Arranger: DnB NOR Markets.
 
Hafslund ASA
 
Oslo, 14 October 2005
 
For further information, please contact:
 
Group Treasurer Ketil Wang, tel + 47 975 13 135