New Issue: Goldman Sachs prices $26.44 million notes linked to Korean won vs. dollar for Eksportfinans

By Angela McDaniels

Tacoma, Wash., Jan. 19 - Eksportfinans ASA priced $26.44 million 0% currency-linked notes due Feb. 28, 2011 linked to the performance of the Korean won relative to the dollar via Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 117% of any appreciation in the won relative to the dollar. Investors will be exposed to any depreciation in the won relative to the dollar.

Issuer:	Eksportfinans ASA
Issue:	Currency-linked notes
Underlying currency:	Korean won relative to dollar
Amount:	$26,442,000
Maturity:	Feb. 28, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 117% of any appreciation in won; exposure to any depreciation in won
Initial exchange rate:	1,121.5 won per dollar
Pricing date:	Jan. 14
Settlement date:	Jan. 28
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%
Cusip:	28264QR97

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