Secondary placing in TGS Nopec AS (NO) — NOK 330 million

Carnegie acted as manager in the secondary offering of shares corresponding to 13 per cent of the share capital in the offshore company TGS Nopec AS. The placing corresponded to a market value of NOK 330 million. Carnegie, which was one of four placement agents participating in the offering, represented 50 per cent of the transaction volume. July, 1998.