Eksportfinans to price 19.5% knock-in reverse convertibles linked to Small Dogs of the Dow via Natixis

By Jennifer Chiou

New York, Nov. 9 - Eksportfinans ASA plans to price 19.5% annualized knock-in reverse convertible securities due May 30, 2008 linked to a basket consisting of the Small Dogs of the Dow stocks, according to an FWP filing with the Securities and Exchange Commission.

The basket includes AT&T Inc., Citigroup Inc., General Electric Co., Home Depot, Inc. and Pfizer Inc.

Interest will be payable monthly.

The securities are expected to price on Nov. 27 and settle on Nov. 30.

At maturity, investors will receive par unless any of the stocks falls below its knock-in price, 70% of its initial share price, during the life of the notes and finishes below the initial share price.

If such a knock-in event occurs and if one of the reference stocks closes below its initial level, investors will receive a number of the worst-performing reference shares equal to the share redemption amount of that stock.

The share redemption amount for each stock will be equal to $1,000 divided by the initial share price of that stock.

Natixis Securities North America Inc. will be the agent.

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