Lysaker, 9 September 2008

Nord Pool ASA has found that Spectron Energy
Services AS has violated the Market Conduct Rules section 2 on reporting of
non-exchange transactions.

To ensure market transparency for all participants,
the Market Conduct Rules states that when a broker is to report non-exchange
transactions on behalf of seller and buyer, the broker shall report for both
parties within 15 minutes of the transaction being closed. Trades made outside
trading hours shall be reported within opening of trading hours the forthcoming
trading day. The broker shall also ensure that the transaction is reported with
correct information. 

Spectron Energy Services AS has during January-April
2008 failed to report a number of non-exchange trades inside the time limits
set out in the Market Conduct Rules. Based on investigations undertaken by
market surveillance, the case was sent to the disciplinary committee. 

In
accordance with the recommendation given by the disciplinary committee dated 25
June 2008, the board of directors of Nord Pool ASA has decided to give a
violation charge of NOK 100 000 to Spectron Energy Services AS. Spectron Energy
Services AS (Imarex Energy AS) was given a written warning for violating the
reporting rules in December 2007
(/en/asa/Quotes-and-market-information/Exchange-information/2007/no-8807-Nord-Po
ol-ASA-gives-Written-Warnings-for-Breaches-of-Reporting-Rules/
exchange information no 88/07 ).
For further information, please contact Nord
Pool ASA: 

Erik Thrane, general councel, 
phone +47 6752 8089

Press contact:
Lars Galtung, vice president communications, 
phone +47 6752 8080/+ 47 9821
4812