Mandatory disclosure - Hafslund

07.05.2003: Orkla has on May 6 2003 after trading hours sold its total shareholding of 10,455,686 shares consisting of 4,413,205 A-shares and 6,042,481 B-shares in Hafslund ASA, which represents 5.36% of the company's total share capital.

The shares have been sold at a price of NOK 40.00 for the A-class shares and NOK 37.40 for the B-class shares.
 
In connection with the transaction, Orkla has been granted certain compensation rights from the buyer for a certain time period in case of potential higher later offers.