Statkraft - Offer to repurchase Norwegian bonds

30.05.2005 09.10 | stock exchange information

Statkraft SF is making a repurchase offer to the holders of the two bond issues STAKR01 (ISIN NO 001 016710.9) and STAKR02 (ISIN NO 001 016760.4).
The offer is valid until 11:00 a.m., Oslo time, on 7 June 2005. Final terms will be fixed at 12:00 noon, Oslo time, on the same day, and settlement will take place on 10 June 2005.
Statkraft has given mandate to Nordea Markets as arranger for the transaction. Please contact Nordea Markets for more details and information.
Please find enclosed a description of the repurchase offer.
Unni K. Hongseth, Vice President, Long term funding tel: +47-2406 8218/+47-408 74 498
Ola Idland, Treasurer, tel: +47-2406 7903/+47-905 18 539