Hafslund : Final result of the voluntary offer by Oslo Energi Holding AS for Hafslund ASA

Reference is made to the stock exchange announcement of 28 July 2017 regarding the preliminary results of the voluntary offer made by Oslo Energi Holding AS to acquire all of the shares in Hafslund ASA.

Following final registration of acceptances, the final acceptance level in the Offer is 105,838,067 of shares of class A and 66,562,710 of shares of class B, representing 91.69 per cent of the votes and 88.33 per cent of the share capital in Hafslund ASA.

Settlement under the offer is expected to be made on 3 August 2017.

Upon settlement Oslo Energi Holding AS will become the owner of shares representing more than 90 per cent of the voting rights in Hafslund ASA and will therefore have the right to initiate a compulsory acquisition of the remaining shares in Hafslund ASA. Oslo Energi Holding AS confirms its intention to proceed with such acquisition and expect it to be made on 3 August 2017. Further information will be provided in due course.

Oslo, 31 July 2017

For further information, please contact:

Pareto Securities Corporate Finance. Telephone +47 22 87 87 00.