English
Published: 2008-11-13 10:58:00 CET
Nasdaq Commodities
Press release
no 21/08 Torger Lien resigns as CEO of Nord Pool ASA
(Lysaker, 13 November 2008) Torger Lien resigns from his position as president
& CEO of Nord Pool ASA from 31 December 2008. From 1 January 2009, general
counsel in Nord Pool ASA, Erik Thrane, will take over his position as CEO. 


Torger Lien joined Nord Pool in July 2000. From 1 January 2009, he will start
up as CEO of Fred Olsen Renewables AS. 

The new CEO, Erik Thrane, joined Nord
Pool in 2002. As general counsel he has been in charge of all legal affairs
within the Nord Pool group. He has also acted as compliance officer for the
Nord Pool group. 

Update on the recent changes in management and
responsibilities of Nord Pool ASA and the new NASDAQ OMX entities: 

Nord Pool
ASA - future responsibilities and management:
 Nord Pool ASA holds the exchange
license and maintains the responsibility for operating the exchange traded
products both from Nord Pool ASA (Nordic derivatives) and NASDAQ OMX
Commodities (German/Dutch derivatives and carbon contracts). 

CEO from 1
January 2009:  Erik Thrane
Senior vice president financial markets:  Marianne
Wergeland Jenssen
Senior vice president finance:  Petter Torp

NASDAQ OMX
Commodities - future responsibilities and management: 
 NASDAQ OMX Commodities
owns the international derivatives and the carbon products.  NASDAQ OMX
Commodities will offer members access to trading and clearing of Nordic, Dutch
and German power derivatives, as well as carbon emission instruments. Nord Pool
ASA will run the operation of these products on a service basis for NASDAQ OMX
Commodities. The ambition is to create a global leader in energy derivatives
and carbon products. 

In addition, NASDAQ OMX also owns Nord Pool Clearing ASA
and Nord Pool Consulting AS. 

Head of NASDAQ OMX Commodities : Geir
Reigstad
NASDAQ OMX Commodities will be headed by Geir Reigstad. He will be
reporting to Hans-Ole Jochumsen, executive vice president NASDAQ OMX Nordic
Transactions Services. Mr Reigstad has previously been managing director for
Nord Pool Clearing ASA and the latest years as senior vice president for Nord
Pool ASA's international projects and activities.

Sales NASDAQ OMX
Commodities:  Tanja Ilic
Business development NASDAQ OMX Commodities:  Hans
Randen
Former Nord Pool companies, now NASDAQ OMX subsidiaries:  
Managing
director Nord Pool Clearing ASA (NASDAQ OMX):  Jan Vidar Thoresen
Managing
director Nord Pool Consulting AS (NASDAQ OMX):  Hans Arild Bredesen
About Nord
Pool ASA   
Nord Pool ASA operates the world's largest power derivatives
exchange and is among Europe's largest carbon exchange for trade in EUAs and
CERs. The company has more than 400 members from 21 countries across a wide
range of energy producers and consumers, as well as financial institutions.
Nord Pool ASA holds the exchange license and is responsible for operating all
the exchange traded products, market surveillance and regulation of the market
place. Nord Pool ASA is jointly owned by the transmission system operators
(TSOs) Svenska Kraftnät and Statnett. The company has offices in Lysaker
(Oslo), Stockholm, Helsinki and Amsterdam. For more information, please visit
http://www.nordpool.com www.nordpool.com .

For further information, please
contact: 

Torger Lien, president and CEO Nord Pool ASA, phone +47 9188
8112

Erik Thrane, legal counsel, phone + 47 9019 7057

Geir Reigstad, head of
NASDAQ OMX Commodities, phone +47 9084 6735 

Lars Galtung, corporate
communications, Nord Pool group, phone +47 9821 4812