Statkraft

Statkraft AS – Release of fourth quarter results 2008

1) Material
Quarterly report and PowerPoint presentation will be available at Oslo Stock Exchange, www.newsweb.no, and on Statkraft’s Internet pages www.statkraft.com.

2) Presentation and Webcast – in Norwegian
A presentation will take place in Oslo (Statkraft’s office, Lilleakerveien 6) at 09:00 a.m. CET. The presentation and Q&A-session will be given in Norwegian and streamed directly to Statkraft’s Internet pages www.statkraft.no.

For registration to attend the presentation in Oslo, send an e-mail to resultatpresentasjon@statkraft.com.

3) Conference call in English
The conference call starts at 11:00 a.m. CET. A presentation of the fourth quarter results will be given, followed by a Q&A-session.

To participate in the conference call please dial +47 23 00 04 00 and ask the operator for the Statkraft presentation. Please state your name and company.

To access replay of Statkraft’s conference call dial +47 67 89 40 91:
Accountno: 1311 followed by #
Press 1
Conferenceno: 311 followed by #
Press 1 to play.

Contacts:
Stein Dale, CFO, tel.: +47 24 06 72 11 / +47 450 02 111
Yngve Frøshaug, VP Investor Relations, tel.: +47 24 06 78 76 / +47 900 23 021

This information is subject to the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).