Offer for Hafslunds Norwegian power stations

Today the Board of Hafslund ASA has decided not to accept the present bid on the Norwegian power stations given by the companies Akershus Energi, Energiselsapet Buskedrud og Østfold Energi on 5 June 2003.
The decision is based on a total evaluation where both strategic, financial and other conditions are attached importance.
Oslo, 20 June 2003
For further information, please contact
Chairman of the Board, Christian Brinch
tlf. + 47 900 88 478
CEO, Rune Bjerke
tlf. + 47 22 43 57 70
SVP information, Frode Geitvik
tlf. + 47 958 43 933