Derivatives: CASH OFFER FOR TANDBERG ASA (TAA, Oslo Børs)


Cisco Systems Netherlands Holding B.V. has improved the offer for the shares in
Tandberg ASA from NOK 153.50/share to NOK 170/share. The offer period expires
on 1 December 2009. 

Derivatives with Oslo Børs as primary Exchange: There are currently listed
options and forwards with November 2009 and February 2010 expirations. Oslo
Børs will not list additional expiration months and the February expiration
will not be moved forward unless the acquisition is to close before 18 February
2010. Please note that this does not apply for Norwegian derivatives with
NASDAQ OMX as primary exchange. 

For further information, please see the attached file.

Attachments

25_tandberg_cash offer_2.pdf
GlobeNewswire