Reference is made to notice given 29 May and 14 June 2007.

 

All employees in the Hafslund Group who are included in the framework agreement for the wage settlement in the spring of 2006 are free of charge offered up to 175 B-shares in Hafslund ASA dependent upon period of employment and whether the position is full and part time. Further employees are offered to buy up to 175 B-shares in Hafslund ASA at a 20 percent discount to market price. The offer is part of Hafslund's moderate wage settlement and obtained annual result for 2006.

 

As part of the offer, a further 874 Hafslund B-shares are on 27 September allocated to employees in Hafslund. The shares, exclusive of any discount, are transferred to NOK 138.50 per share. Following this transaction, Hafslund's balance of own shares is 37,184 of class A-shares and 230,176 of class B-shares.

 

 

 

Hafslund ASA

 

Oslo, 27 September 2007

 

For further information, please contact:

 

Vice President Investor Relations, Heidi Ulmo, +47 90 91 93 25