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Financial information

Statkraft AS - Issue of EUR bond loans.

16-3-2007

Statkraft AS has issued two bond loans with 6 years tenor and 10.5 years tenor under the EMTN programme. The amounts are respectively EUR 300,000,000 and EUR 600,000,000. Issue date will be March 22. The notes will be listed on London Stock Exchange. The purpose of the new issues is to finance dept repayments and new investments in general.

ABN Amro, Deutsche Bank and Societe Generale are joint lead managers on the issues.


For further information refer to: http://www.statkraft.com/pro/investor_relations/debt/index.asp.

Contacts:

Roar Hatling, SVP Treasury +47 2406 7004 / +47 9085 8989

Unni Hongseth, VP Treasury +47 2406 8218 / +47 4087 4498

Yngve Frøshaug, VP Investor Relations +47 2406 7876 / +47 9002 3021