HNA/HNB Share buy back

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Hafslund ASA has the 5th of May bought 5,000 Hafslund shares of class B at a price of NOK 112.50 per share.
 
After this transaction, Hafslund's balance of own shares is 343,458 of class B-shares.
 
The share buy back is made under the general power of attorney provided by the General Assembly to acquire Hafslund B shares equivalent to maximum 2% (3,904,469 shares) of the company's share capital. The power of attorney is effective until the ordinary General Meeting in 2007. The lowest remuneration that can be paid per B-share is NOK 10, while the highest remuneration that can be paid is NOK 300 per share. The shares shall primarily be used in programs directed towards employees.
 
 
Hafslund ASA
 
 
Oslo, 8 May 2006