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Published on 9/3/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $4.65 million buffered equity digital notes on S&P 500 for Eksportfinans

By Susanna Moon

Chicago, Sept. 3 - Eksportfinans ASA priced $4.65 million of 0% buffered equity index-linked digital notes due Dec. 8, 2011 based on the S&P 500 index via Goldman Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 85% of the initial level, the payout at maturity will be par plus a digital coupon of 9.75%.

If the index finishes below 85% of the initial level, investors will lose 1.1765% for each 1% decline beyond 15%.

Issuer:Eksportfinans ASA
Issue:Buffered equity index-linked digital notes
Underlying index:S&P 500
Amount:$4,651,000
Maturity:Dec. 8, 2011
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 85% of initial level, par plus 9.75%; 1.1765% loss per 1% drop beyond 15%
Initial index level:1,065.79
Pricing date:Sept. 1
Settlement date:Sept. 9
Underwriter:Goldman Sachs & Co.
Fees:0.25%
Cusip:282649185

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