47WR Nat.grid.n.a 23

    Eksportfinans ASA

RE: Eksportfinans A/S
    USD 5,000,000.00
    MATURING: 28/Apr/2015
    ISSUE DATE:28/Apr/2003
    ISIN: XS0166231562

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
28/Oct/2005 TO 28/Apr/2006 HAS BEEN FIXED AT 7.000000 PCT.

DAY BASIS 180/360

INTEREST PAYABLE VALUE 28/Apr/2006 WILL AMOUNT TO:
USD 350.00 PER USD 10,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881.

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