HNA/HNB - Mandatory Notification Of Trade

Hafslund Mandatory notification of trade from primary insiders in Hafslund ASA.

All employees in the Hafslund Group who are included in the framework agreement for the wage settlement in the spring of 2007 are free of charge offered up to 102 B-shares in Hafslund ASA dependent upon period of employment and whether the position is full og part time. Further employees are offered to buy up to 100 B-shares in Hafslund ASA at a 20 percent discount to market price. The offer is part of Hafslund's wage settlement and obtained annual result for 2007.

The following primary insiders entered the 27th of May 2008 an agreement to be allocated shares as part of this wage settlement, and following this, directly and indirectly, own:

Number of allocated Balance of B-shares following Balance of Name B-shares allocation A-shares

Christian Berg 102 13506 1000 Gunnar Gjørtz 102 102 0 Tore Schiøtz 102 1601 5200 Hege Yli Melhus 102 1412 0 Per Kristian Olsen 102 10706 1000 Tove Pettersen 102 4106 0 Per Orfjell 102 102 0 Per Luneborg 102 127 0 Kjersti Nystad Skeie 102 1020 0 Tyra Marie Hetland 102 2906 0 Ketil Wang 102 706 0 Gøril Nordskaag Johnsen 102 2329 0 Morten J. Hansen 102 3277 0 Karen Onsager 102 277 0 Lars Ove Johansen 102 450 0

* Related party to Tove Pettersen is allocated 102 B-shares and owns following the allocation 3 306 B-shares in Hafslund ASA.

Hafslund ASA Oslo, 28 May 2008

For further information, please contact: Investor Relations, Lars Ove Johansen, +47 99 29 14 60

Hafslund

http://www.hafslund.no

ISIN: NO0004306408

Stock Identifier: XOSL.HNA