New Issue: Wells Fargo sells $2.81 million enhanced growth securities on S&P 500 for Eksportfinans

By Jennifer Chiou

New York, March 31 - Eksportfinans ASA priced $2.81 million of 0% enhanced growth securities with capped upside due July 1, 2011 linked to the S&P 500 index, according to a 424B3 filing with the Securities and Exchange Commission.

Wells Fargo Securities, LLC is the agent.

The payout at maturity will be par plus two times any gain in the index, up to a maximum payout of $1,130 per $1,000 principal amount of notes.

Investors will share in any losses.

Issuer:	Eksportfinans ASA
Issue:	Enhanced growth securities with capped upside
Underlying index:	S&P 500
Amount:	$2,812,000
Maturity:	July 1, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at $1,130 per note; investors share in losses
Initial index level:	1,173.22
Pricing date:	March 29
Settlement date:	April 1
Agent:	Wells Fargo Securities, LLC
Fees:	2%
Cusip:	282645UQ1

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