Negotiation of Simtronics ASA convertible loan — NOK 71.5 million

Carnegie acted as adviser to Simtronics in the negotiation of a convertible loan. Simtronics has agreed to a term sheet for a loan agreement with the company’s largest shareholder, New York Stock Exchange-listed United Technologies Corporation. Simtronics is a world class provider of advanced gas and fire detectors for industrial useNovember, 2009.