Hafslund (OSL:HNA) Hafslund ASA has 12 December 2008 bought back NOK 50 million of the commercial paper 6.90 % Hafslund cert. 23.04.09, ISIN NO 001 0468168, HNA84. After this transaction, outstanding amount in the market of this commercial paper is NOK 250 million.

Hafslund ASA Oslo, 12 December 2008

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

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Hafslund

http://www.hafslund.no

ISIN: NO0004306408

Stock Identifier: XOSL.HNA

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