New Issue: Eksportfinans sells $4.808 million Index Out-Performance notes linked to S&P 500

By Jennifer Chiou

New York, July 11 - Eksportfinans ASA priced $4.808 million of Index Out-Performance Notes due Jan. 14, 2008 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

At maturity, the notes will pay par plus the gain on the index plus 10%.

After one year, the notes will be callable at 111% of par if the index fund trades at 111% of par or higher.

Issuer:	Eksportfinans ASA
Issue:	Index Out-Performance Notes senior medium-term series A notes
Underlying index:	S&P 500 index
Amount:	$4.808 million
Maturity:	Jan. 14, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the gain on the index plus 10%
Call:	After one year at 111% of par if the index fund trades at 111% of par or higher
Initial level:	1,265.48
Pricing date:	July 7
Settlement date:	July 14
Underwriter:	Deutsche Bank Securities, Inc.

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