no 71/08 Extended opening hours for Nord Pool's emission market and German and Dutch power markets

Lysaker, 17 October 2008

As informed in exchange information no. 54/08, Nord Pool ASA and Nord Pool Clearing ASA will extend the market opening hours for trading emission contracts as well as German and Dutch power contracts.  The first day of extended opening hours will be Monday 17 November.

The new opening hours will be as follows: 

German and Dutch power market: 08.00 - 17.00 CET
 Closing prices to be fixed at a random time between 15.50 and 16.00 CET. 

Emission market: 08.00 - 18.00 CET 
Closing prices to be fixed at a random time between 17.05 and 17.15 CET

The closing time for the Nordic power market  will until further notice remain unchanged at 15.30 CET.

Customer approval for intraday clearing of OTC trades must be given within 15 minutes after each market close. Trade lists for each market will be distributed approximately 20 minutes after market closure. Rulebook (clearing schedule etc.) will be updated in due time.
For further information, please contact Nord Pool: 

Marianne W. Jenssen, senior vice president, financial market, 
phone +47 6752 8076/+47 9013 6853

Georg Aasen, head of marketplace, financial market, 
phone +47 6752 8024

Jan Vidar Thoresen, managing director, Nord Pool Clearing, 
phone +47 6710 8510/+47 9201 8416

Press contact: Lars Galtung, vice president communications, 
phone +47 6752 8080/+ 47 9821 4812