Statkraft AS: Publication of Supplements to the Offering Circular

The following supplements dated 13 September 2012 and 8 November 2012 (together, the Supplements) to the Offering Circular dated 12 June 2012 have been approved by the UK Listing Authority and are available for viewing:

Supplements dated 13 September 2012 and 8 November 2012 to the Offering Circular dated 12 June 2012 for the €6,000,000,000 Euro Medium Term Note Programme of Statkraft AS

To view the full documents, please paste the following URL into the address bar of your browser.

Supplement dated 13 September 2012

http://www.statkraft.com/Images/Supplement_13%20September%202012_tcm9-24499.pdf

Supplement dated 8 November 2012

http://www.statkraft.com/Images/Supplement_8%20November%202012_tcm9-24498.PDF

For further information, please contact:

Statkraft AS
Lilleakerveien 6
0283 Oslo
Norway

Telephone:   +47 24 06 70 00

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Offering Circular as supplemented may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Circular as supplemented) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Circular as supplemented is not addressed. Prior to relying on the information contained in the Offering Circular as supplemented, you must ascertain from the Offering Circular as supplemented whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.