New Issue: Deutsche prices $1.476 million EARNs linked to index basket for Eksportfinans

By Jennifer Chiou

New York, Sept. 27 - Deutsche Bank Securities Inc. arranged a $1.476 million issue of 0% Efficient Allocation Return Notes (EARNs) due June 25, 2010 linked to the S&P 500, Nikkei 225 and Dow Jones Euro Stoxx 50 indexes for Eksportfinans ASA, according to an FWP filing with the Securities and Exchange Commission.

At maturity, investors will receive par plus 70% of the highest basket performance, 20% of the second-highest basket index performance and 10% of the lowest basket index performance. Investors will receive at least par.

Issuer:	Eksportfinans ASA
Issue:	Efficient Allocation Return Notes (EARNs)
Underlying indexes:	S&P 500, Nikkei 225, Dow Jones Euro Stoxx 50
Amount:	$1.476 million
Coupon:	0%
Maturity:	June 25, 2010
Payout at maturity:	Par plus 70% of the highest basket performance, 20% of the second-highest basket index performance and 10% of the lowest basket index performance; floor of par
Initial index levels:	S&P 500 at 1,326.37, Nikkei 225 at 15,633.81, Dow Jones Euro Stoxx 50 at 3,822.12
Pricing date:	Sept. 25
Settlement date:	Sept. 28
Agent:	Deutsche Bank Securities Inc.

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