New Issue: Wachovia prices $7.75 million protected notes linked to seven currencies for Eksportfinans

By Susanna Moon

Chicago, Sept. 2 - Eksportfinans ASA priced $7.75 million of zero-coupon principal-protected notes due March 5, 2011 linked to a basket of equally weighted currencies relative to the euro via Wachovia Capital Markets, LLC, according to a 424B3 filing with the Securities and Exchange Commission.

Underlying currencies are the Brazilian real, Russian ruble, Indian rupee, Singapore dollar, Australian dollar, Norwegian krone and Mexican peso.

Payout at maturity will be par plus 135% of any gain in the basket against the euro. Investors will receive at least par.

Issuer:	Eksportfinans ASA
Issue:	Principal-protected notes
Underlying currencies:	Equal weights of the Brazilian real, the Russian ruble, the Indian rupee, the Singapore dollar, the Australian dollar, the Norwegian krone and the Mexican peso, relative to euro
Amount:	$7.75 million
Maturity:	March 5, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 135% of any basket gain versus euro; otherwise, par
Pricing date:	Aug. 28
Settlement date:	Sept. 8
Agent:	Wachovia Capital Markets, LLC
Fees:	2%

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