Nord Pool Spot AS hereby gives notice that collateral requirements will be increased during Christmas. 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 Christmas.
The adjusted collateral requirement will be increased by two days and will be calculated based on nine days net purchase.
The collateral requirement must be posted by 11.00 CET on Tuesday 16 December 2008.
The collateral requirement will be reduced to seven days net purchase on Tuesday 6 January 2009.
Lysaker, 2 December 2008
For further information, please contact Nord Pool Spot:
Morten Landrø, risk manager, phone +47 6752 8087 /+47 9222 3355
Vibeke Morthaug, business controller, phone +47 6752 8075/+47 9203 7050