New Issue: Goldman prices $4.63 million more notes on currencies for Eksport

By Jennifer Chiou

New York, Dec. 13 - Eksportfinans ASA priced another $4.63 million of 0% currency-linked notes due Jan. 10, 2012 linked to five equally weighted currencies relative to the U.S. dollar via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The original $57.59 million of notes priced at par on Dec. 1. The additional notes priced at 101 for proceeds of $4,676,300.

The underlying currencies are the Korean won, Indonesian rupiah, Indian rupee, Singapore dollar and the Malaysian ringgit.

If the basket return is positive, the payout at maturity will be par plus 225% of the basket gain, capped at a maximum settlement amount of $1,112.50 per $1,000 principal amount.

Investors will share in any losses.

Issuer:	Eksportfinans ASA
Issue:	Currency-linked notes
Underlying assets:	Korean won, Indonesian rupiah, Indian rupee, Singapore dollar and the Malaysian ringgit, equally weighted relative to the U.S. dollar
Amount:	$62,215,000 (up from $57,585,000)
Maturity:	Jan. 10, 2012
Coupon:	0%
Price:	Par for original $57,585,000; 101 for add-on
Payout at maturity:	Par plus 225% of any gain, capped at 11.25%; exposure to losses
Initial levels:	1,155.80 won per U.S. dollar; 9,030 rupiah per U.S. dollar; 45.76 rupees per U.S. dollar; 1.3213 Singapore dollars per U.S. dollar; 3.16 ringgit per U.S. dollar
Pricing date:	Dec. 1 for original $57,585,000; Dec. 9 for add-on
Settlement date:	Dec. 8 for original $57,585,000; Dec. 14 for add-on
Underwriter:	Goldman Sachs & Co.
Fees:	0.25%
Cusip:	28264QU36

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