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Published on 7/1/2008 in the Prospect News Structured Products Daily.

New Issue: Wachovia prices $3.43 million access securities linked to Dow Industrials for Eksportfinans

By Susanna Moon

Chicago, July 1 - Eksportfinans ASA priced $3.43 million of 0% access securities with buffered downside due July 2, 2010 linked to the Dow Jones Industrial Average via agent Wachovia Capital Markets, LLC, according to a 424B5 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus any index gain, capped at a return of 20% per note. Investors will receive par for losses of up to 15% and will lose 1.17647% per 1% drop beyond 15%.

Issuer:Eksportfinans ASA
Issue:Access securities with buffered downside
Underlying index:Dow Jones Industrial Average
Amount:$3,428,000
Maturity:July 2, 2010
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus any index gain, up to maximum return of 20%; par if index falls by up to 15%; 1.17647% loss for every 1% decline beyond 15%
Initial index level:11,346.51
Pricing date:June 27
Settlement date:July 2
Agent:Wachovia Capital Markets, LLC
Fees:2.25%

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