HNA/HNB - Mandatory Notification Of Trade

Hafslund With reference to press release sent at 08:12 this morning, an error was made in the table of primary insiders' holdings of shares. Please see updated table below:

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 102 127 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