Lysaker, 18 November 2008 The settlement day for EUADEC-08 and CERDEC-08 is approaching, with 1 December 2008 asthe last trading day. Nord Pool Clearing would like to remind our clearing members and clients of the following: The net sellers must ensure that all the European Union allowances (EUAs) and certified emission reductions (CERs) are transferred to the Nord Pool Clearing registry account within 16.00 CET on the last trading day, 1 December. Account numbers for delivery: • EUADEC-08 - DK-121-451-0 • CERDEC-08 - DK-121-4969-0 The margin for EUADEC-08 and CERDEC-08 will increase considerably the last week before the last trading day 1 December. The increase reflects the approaching settlement and that the net buyers must have cash equal to the settlement on their bank accounts within 11.00 CET 2 December at the latest. The net sellers may pre-deliver EUAs and CERs in advance of the last trading day. Pre-delivered EUAs will reduce the net sellers' need for extra collateral. Trading and clearing of EUADEC-08 and CERDEC-08 are closing at 14.00 CET on the last trading day. For further information, please contact Nord Pool Clearing: Trond Svensgaard, head of risk management, phone +47 6710 8412/+47 9012 3679 Kristian Kloster, risk management, phone +47 6710 8415/+47 9593 1881 Kjetil Bundli, risk management, phone +47 6710 8441/+47 9900 3690