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Dnb NOR (DNBNOR) Services Group with Total Combined Assets 25,65 of NOK 1470 Billion

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Dnb NOR (DNBNOR) Services Group with Total Combined Assets 25,65 of NOK 1470 Billion DERIVATIVES, OSLO BØRS – FEBRUARY 2009 The OBX index decreased from 201.15 to 191.57 points in February, a fall of 4.8%, after a small increase in the year’s first month. The average number of contracts in February was 52 643 contracts/day, which is below the 2008 average of 63 686. The premium turnover for the stock derivatives increased in February. Single stock option turnover increased from 84 MNOK to 94 MNOK, whereas the stock forward exposure rose from 382 MNOK to 456 MNOK. The premium turnover for the index derivatives, on the other hand, experienced a decrease last month. OBX option turnover decreased from 48 MNOK to 20 MNOK, and the OBX future exposure fell from 16.6 BNOK to 14.2 BNOK during February. The three most traded stock options in terms of premium turnover were StatoilHydro with 32% of the turnover, Yara with 26%, and Norsk Hydro with 13% of the total stock option premium turnover. Top three with regards to stock forwards were Yara with 44%, StatoilHydro with 23%, and Telenor with 8% of the total forward exposure. Expirations in February: DnB NOR, Norsk Hydro, Storebrand, Tandberg and Yara. For more detailed information, please read ahead This summary continues with a presentation of general statistics, followed by a product- and volatility overview towards the end. We hope to see you back in the derivatives market next month. Disclaimer: All information in this presentation is obtained from documents already available to the public. Oslo Børs does not guarantee the accuracy of the information included in the presentation. The presentation does not in any way constitute a recommendation by Oslo Børs. TURNOVER – CONTRACTS/DAY (AVERAGE) Contracts/Day last month OBX - FUTURES 35 251 STOCK OPTIONS 10 740 OBX - OPTIONS STOCK FORWARDS 1 868 4 784 Contracts/Day YTD 2009 OBX - FUTURES 37 181 STOCK OPTIONS 9 037 OBX - OPTIONS STOCK FORWARDS 2 969 4 726 2 LIQUIDITY – OPTION PREMIUM DISTRIBUTION Option Premium last month 10.7 % 4.4 % 3.2 % 3.2 % 3.0 % StatoilHydro Yara International 3.0 % OBX - options 17.6 % 2.9 % Norsk Hydro 1.4 % Renewable Energy Corp. 0.7 % Storebrand 0.7 % DnB NOR 0.7 % Telenor 0.3 % SeaDrill Tandberg Orkla Acergy Marine Harvest Group Norske Skog 21.7 % 26.5 % Tomra Option Premium YTD 2009 6.0 % 5.6 % 3.8 % 3.2 % OBX - options 3.2 % 20.6 % StatoilHydro 2.4 % 1.9 % Yara International 1.9 % Norsk Hydro 0.9 % Renewable Energy Corp. 0.5 % 0.4 % SeaDrill 0.3 % Telenor DnB NOR Orkla Tandberg Storebrand Acergy Norske Skog 21.4 % Marine Harvest Group 27.6 % Tomra 3 SINGLE STOCK FORWARDS - EXPOSURE DISTRIBUTION Stock Forward Premium last month 8.3 % 8.0 % 3.7 % Yara International 3.3 % StatoilHydro 2.6 % Telenor 2.6 % 23.0 % 1.9 % DnB NOR 1.1 % 0.9 % Royal Caribbean C. 0.6 % Renewable Energy Corp. 0.2 % Norsk Hydro 0.1 % SeaDrill 0.0 % 0.0 % Orkla Marine Harvest Group Tandberg Norske Skog Acergy Tomra Storebrand TGS Nopec Geo. 43.6 % Stock Forward Premium YTD 2009 6.9 % 5.8 % 7.3 % 5.7 % Yara International 4.3 % StatoilHydro 2.7 % Telenor 2.4 % DnB NOR 1.3 % Renewable Energy Corp. 18.9 % 0.7 % 0.4 % Orkla 0.2 % Norsk Hydro 0.1 % SeaDrill 0.0 % Royal Caribbean Cruises 0.0 % Marine Harvest Group Tandberg Norske Skog Acergy Tomra Storebrand TGS Nopec Geo. 43.4 % 4 PREMIUM – SINGLE STOCK DERIVATIVES Single Stock Options 600 700 000 600 000 500 564 500 000 400 400 000 300 409 362 300 000 200 Turnover Premium MNOK Premium Turnover 200 000 Open Interest (avg) - Contracts 241 100 227 173 100 000 185 183 143 105 84 94 0 0 Mar 08 Apr 08 May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct 08 Nov 08 Des 08 Jan 09 Feb 09 Turnover premium/month - Stock Options Open Interest (avg) - Stock Options Single Stock Forwards 1 600 250 000 1 400 200 000 1 404 1 200 1 000 150 000 1 119 800 904 958 868 780 100 000 600 892 Turnover Premium MNOK Premium Turnover 400 Open (avg) Interest - Contracts 466 50 000 382 200 370 271 162 0 0 Mar 08 Apr 08 May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct 08 Nov 08 Des 08 Jan 09 Feb 09 Turnover premium/ month - Single Stock Fwds Open Interest (avg) - Single Stock Fwds 5 PREMIUM - OBX DERIVATIVES OBX - Index Options 200 100 000 180 90 000 188 160 80 000 169 168 140 70 000 120 60 000 100 50 000 80 40 000 84 87 Turnover Premium MNOK Premium Turnover 60 30 000 Open (avg)- Interest Contracts 79 69 63 40 20 000 62 48 20 33 10 000 20 0 0 Mar 08 Apr 08 May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct 08 Nov 08 Des 08 Jan 09 Feb 09 Turnover premium/ month - OBX-indexoptions Open Interest (avg) - OBX-indexoptions OBX - Index Futures 30 000 300 000 29 29 851 29 29 780 28 28 347 25 000 250 000 25 25 721 27 27 618 23 23 832 20 000 26 194 200 000 16 16 559 16 16 116 15 000 16 643 150 000 14 14 914 14 14 220 10 000 100 000 Turnover exposure MNOK exposure Turnover Open Interest (avg)- Contracts 5 000 50 000 0 0 Mar 08 Apr 08 May 08 Jun 08 Jul 08 Aug 08 Sep 08 Oct 08 Nov 08 Des 08 Jan 09 Feb 09 Turnover exposure/month - OBX-indexfutures Open Interest (avg) - OBX-indexfutures 6 BROKER STATISTICS – FEBRUARY 2009 Only companies with more than 0,5% of the total market are shown (for more detailed information on the broker statistics, please see: http://www.oslobors.no/ob/statistikk?languageID=1&p_menuid=17 Options 11.1 % 23.0 % 4.2 % 2.9 % Non-Norwegian 2.5 % DnBNOR 2.0 % Handelsbanken 0.8 % 0.7 % SEB Enskilda 0.5 % Nordea Pareto Net Fonds Fondsfinans Carnegie First 51.6 % Forwards 18.3 % 5.2 % 2.9 % 2.8 % DnBNOR 1.6 % Non-Norwegian Carnegie First Handelsbanken Nordea 69.1 % 7 OBX Futures 35.3 % 8.9 % 4.7 % Handelsbanken 1.4 % 0.7 % DnBNOR 0.6 % Non-Norwegian Nordea SEB Enskilda RS Platou ABG Sundal Collier 47.7 % 8 OBX INDEX - CONSTITUENCIES AND OTHER INFORMATION The OBX Index consists of the 25 most traded securities in the OSEBX Index. The constituents are selected on the basis of six months turnover rating. It is a semi-annually revised free float adjusted total return index (dividend adjusted) with composition changes implemented on the third Friday in June and December. In the period between the composition review dates, the number of shares for each constituent is fixed with exception of continuous adjustments for corporate actions with priority for existing shareholders. The OBX Index is a tradable index with exchange traded futures and options available. 27.02.09: 191.57 All time high (22.05.08 close): 462.70 9 The current OBX Index composition can be found below. (The Derivatives department at Oslo Børs distributes a daily report with information on the OBX Index and its components. If you would like to receive this daily update, please send “Request for OBX Morning Report” to [email protected] ). Date: 2. mar. 2009 Date Codes OBX close - prev. day: 191.57 Expiry Front: 19.03.09 C/O Divisor: 1 858 716 538 3M NIBOR: 3.15 % Expiry Middle: 16.04.09 D/P % weight of OSEAX: 39.45 % USDNOK: 7.10 Expiry Back: 20.05.09 E/Q Expiry Long: 16.07.09 G/S Weight % Last Day Dividend Dividend Last Update PV Close Free Float Free Float Ticker in OBX Incl. Div. Stock in NOK Note Reference Div. Info (Div. OBX) Prev. day Stocks - OBX Value - OBX Industry 1 ACY Acergy 2.02 % 25.05.09 $0.22 1.56 ii) www.acergy-group.com 18.02.09 1.55 36.85 194 953 972 7 184 053 868 Oil & Gas Equipment & Services 2 AKER Aker 0.89 % 02.04.09 5.00 ii) www.akerasa.com 27.02.09 4.99 125.75 25 328 580 3 185 068 935 Oil & Gas Equipment & Services 3 AKSO Aker Solutions 1.72 % 02.04.09 1.60 ii) www.akersolutions.com 19.02.09 1.60 38.00 161 419 902 6 133 956 276 Oil & Gas Equipment & Services 4 DNBNOR DnBNOR 5.28 % 21.04.09 0.00 ii) www.dnbnor.com 12.02.09 0.00 25.65 732 959 488 18 800 410 867 Diversified Banks 5 DNO DNO International 1.05 % 18.06.09 i) www.dno.no 19.02.09 0.00 4.35 855 814 066 3 722 791 187 Oil & Gas Exploration & Prod. 6 FOE Fred Olsen Energy 1.52 % 26.05.09 25.00 ii) www.fredolsen-energy.com 11.02.09 24.82 162.75 33 219 564 5 406 484 041 Oil & Gas Drilling 7 FRO Frontline 1.26 % 06.03.09 $0.25 1.78 ii) www.frontline.bm 26.02.09 1.77 147.50 30 304 991 4 469 986 173 Oil & Gas Storage & Transport. 8 GOGL Golden Ocean Group 0.09 % 0.00 ii) www.goldenocean.no 29.01.09 0.00 1.97 166 194 064 327 402 306 Marine 9 MHG Marine Harvest 1.16 % 27.05.09 0.00 i) www.marineharvest.com 11.02.09 0.00 1.70 2 435 228 830 4 139 889 011 Packaged Foods & Meats 10 NHY Norsk Hydro 4.25 % 05.05.09 0.00 ii) www.hydro.com 29.01.09 0.00 22.80 663 479 224 15 127 326 307 Aluminum 11 NSG Norske Skog 0.59 % 23.04.09 0.00 ii) www.norskeskog.com 05.02.09 0.00 11.65 180 168 959 2 098 968 372 Paper Products 12 ORK Orkla 9.62 % 23.04.09 2.25 ii) www.orkla.no 19.02.09 2.24 42.20 811 838 864 34 259 600 061 Industrial Conglomerates 13 PGS Petroleum Geo Services 1.10 % 14.05.09 i) www.pgs.com 11.02.09 0.00 23.35 167 210 680 3 904 369 378 Oil & Gas Equipment & Services 14 PRS ProSafe 1.60 % 14.05.09 i) www.prosafe.com 19.02.09 0.00 25.50 222 924 230 5 684 567 865 Oil & Gas Equipment & Services 15 REC Renewable Energy Corp 2.02 % 19.05.09 0.00 i) www.recgroup.com 11.02.09 0.00 48.50 148 206 157 7 187 998 615 Elec.
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