Reference is made to the press release 6th August 2008 regarding the sale of the residential alarm business. Hafslund has, in connection with a repayment process in Securitas Direct AB, chosen to sell the shares that were received as settlement in the sale of Hafslund Security. Joint settlement amounts to approx. SEK 170 million, with entitlement to an additional settlement should the repayment process give a higher gratuity.

Hafslund ASA

Oslo 11th November 2008

 

For further information please contact::

Group Executive Vice President , Communications, Karen Onsager, tlf: 92 08 70 07

Investor Relations Officer: Lars Ove Johansen, tlf: 99 29 14 60