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Hafslund (OSL:HNA) HNA/HNB - Commercial Paper Issue

Hafslund (OSL:HNA) Hafslund ASA has issued two commercial papers in the Norwegian market: - NOK 400 million, start 20. August 2008 maturity 20. February 2009, coupon 7.15 %, and - NOK 400 million, start 20. August 2008 maturity 20. August 2009, coupon 7.20 %.

Hafslund ASA has issued three commercial papers in the Belgian market: - EUR 6 million, start 18. August 2008 maturity 18. August 2009, - EUR 2 million, start 18. August 2008 maturity 18. December 2008, and - EUR 3 million, start 19. August 2008 maturity 18. December 2008. The loans are issued under Hafslund's Belgian commercial paper program.

Hafslund ASA Oslo, 15 August 2008

For further information, please contact: Group Treasurer Ketil Wang, tel + 47 975 13 135

Hafslund

http://www.hafslund.no

ISIN: NO0004306408

Stock Identifier: XOSL.HNA

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