New issue: Wachovia prices $3 million notes linked to silver, gold for Eksportfinans

By Susanna Moon

Chicago, Dec. 4 - Eksportfinans ASA sold $3 million of zero-coupon notes due Dec. 7, 2009 linked to a basket of metals via agent Wachovia Capital Markets, LLC, according to a 424B3 filing with the Securities and Exchange Commission.

The basket contains silver with a 75% weight and gold with a 25% weight.

The payout at maturity will be par of $10 plus the basket return, capped at a payment of $12 per note. Investors will receive at least $9 per note.

Issuer:	Eksportfinans ASA
Issue:	Notes
Underlying commodities:	Silver (75% weight) and gold (25% weight)
Amount:	$3 million
Maturity:	Dec. 7, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the basket performance, capped at $12 per note; floor of $9
Pricing date:	Nov. 30
Settlement date:	Dec. 7
Agent:	Wachovia Capital Markets, LLC
Fees:	2%

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