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Published on 5/25/2011 in the Prospect News Structured Products Daily.

New Issue: Wells prices $7 million enhanced growth securities on four indexes for Eksportfinans

By Jennifer Chiou

New York, May 25 - Eksportfinans ASA priced $7 million of 0% enhanced growth securities with leveraged upside due July 23, 2014 linked to an index basket via Wells Fargo Securities, LLC, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes equally weighted basket the DAX index, the CAC 40 index, the FTSE 100 index and the IBEX 35 index.

The payout at maturity will be par plus two times any basket gain, subject to a maximum return of 40%.

Investors will share fully in losses should the basket decline.

Issuer:Eksportfinans ASA
Issue:Enhanced growth securities with leveraged upside
Underlying indexes:DAX index, CAC 40 index, FTSE 100 index and IBEX 35 index, equally weighted
Amount:$7 million
Maturity:July 23, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus two times any basket gain, subject to maximum return of 40%; full exposure to losses
Initial levels:7,121.52 for DAX; 3,906.98 for CAC 40; 5,835.89 for FTSE; 10,082.70 for IBEX 35
Pricing date:May 23
Settlement date:June 1
Agent:Wells Fargo Securities, LLC
Fees:2.25%
Cusip:282645VZ0

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