Secondary placing of 6 million shares in PA Resourcres (NO) — NOK 309 million

Carnegie acted as joint bookrunner in the secondary placing of 6 million shares in PA Resources, at a subscription price of NOK 51.50 per share. PA Resources is a fast growing oil- and gas group company with the business strategy to acquire, develop and exploit oil- and gas reserves, as well as explore new findings. August, 2007.