Vattenfall's shares in Hafslund to be sold to Sydkraft

Vattenfall's shares in Hafslund to be sold to Sydkraft Sydkraft and Vattenfall today signed an agreement to the effect that Sydkraft will acquire all of Vattenfall's shares in the Norwegian listed company Hafslund. This deal means that Sydkraft will acquire a further 5.8 per cent of the votes and will thus control a total of 26.5 per cent of the votes in Hafslund. Sydkraft will pay NOK 47 per share for the A shares and NOK 38 per share for the B shares. The sale is conditional on the approval of the boards of Sydkraft and Hafslund. Hafslund is one of Norway's leading energy companies with extensive operations in the generation, distribution and sale of electricity. Issued by Vattenfall's Press Office, telephone +46 8 739 50 10. For further information, please contact: Mats Fagerlund, Vattenfall, telephone +46-8-739 76 42, 070-539 76 42. Khennet Tallinger, Sydkraft, telephone +46-70-547 58 08. Vattenfall's vision is to be a leading European energy company. Vattenfall's main products are electricity and heat. Today, Vattenfall generates power and supplies energy to several million customers in the Nordic region and northern Europe. The largest electricity customers are industrial plants and energy companies. For more information, see www.vattenfall.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net