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Published on 11/4/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $3.95 million notes linked to MSCI EAFE for Eksportfinans

By Susanna Moon

Chicago, Nov. 4 - Eksportfinans ASA priced $3.95 million of 0% notes due Nov. 18, 2010 linked to the MSCI EAFE index via Goldman, Sachs & Co., according to a 424B3 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus 150% of any gain in the index, capped at 152.275% of par.

Investors will receive par for losses up to 10% and will lose 1.1111% per 1% drop beyond 10%.

Issuer:Eksportfinans ASA
Issue:Notes
Underlying index:MSCI EAFE index
Amount:$3,953,000
Maturity:Nov. 18, 2010
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at 52.275% maximum return; par for losses of up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial level:1,243
Pricing date:Nov. 3
Settlement date:Nov. 18
Underwriter:Goldman, Sachs & Co.
Fees:0.25%

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