1. The Norwegian economy, savings bank sector and the equity certificates (EC) Arne Hyttnes, Managing Director

2. GDP – Mainland Norway

3. Norway – unemployment (in percent of labour force)

4. Government financial balances 2010 (surplus(+) or deficit(-) in percent of GDP) Source: OECD

5. Loans from different sources. Percent Dec. 2009

6. Market shares (total assets) Norwegian banks 31.12.2008

7. EC Index vs General Index– Oslo stock exchange

9. Thank you for your attention Arne Hyttnes, managing director Arne.Hyttnes@fno.no