Private placements in Arise Windpower (SE) — SEK 330 million

Carnegie acted as sole financial adviser in three private placements of new shares, totalling SEK 330 million. Arise Windpower sells and markets electricity generated by land-based wind turbines, managing the entire business cycle from planning and prospecting to financing, construction and operation. Arise Windpower’s goal is to have 300 large-scale wind turbines in operation producing 2 TWh of electricity per annum by 2014.January – June, 2008.