Nord Pool Spot AS hereby gives notice that collateral requirements will be increased during Easter. The adjustment is in accordance with the standard terms for trading and clearing in Nord Pool Spot AS’ physical markets.
The adjustment is made in order to cover the period of non-clearing days during Easter.
The adjusted collateral requirements will be increased by two days and will be calculated based on the previous nine days net purchase.
The collateral requirement must be posted by 11.00 a.m. on Monday 2 April 2007.
The collateral requirement will be reduced back down to the previous seven days net purchase on Thursday 12 April 2007.
Lysaker, 12 March 2007
For further information, please contact Nord Pool Spot:
Morten Landrø, Risk Manager, phone +47 67 52 80 87/+47 92 22 33 55
Vibeke Morthaug, Business Controller, phone +47 67 52 80 75/+47 92 03 70 50