Hafslund has entered an agreement with Öresundkraft Marknad AB to sell Hafslund's 50 percent ownership share in the company Gøta Energi Holding AB. Gøta Energi Holding AB owns 100 percent in the company Gøta Energi AB, an electricity end user company with about 48,000 customers in Sweden. The agreement includes sale of shares and repayment of Hafslund's loan to Gøta Energi. The transaction involves a total cash transfer to Hafslund of SEK 70.3 million. Öresundkraft will following the acquisition own 100 percent of Gøta Energi Holding AB. The sale gives no profit or loss effect for Hafslund.

 

Hafslund ASA

 

Oslo, 22 December 2006

 

Financial director Markets, Knut Braathen, tel. +47 95 12 35 43.

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