New member of the UK power market N2EX

London, 20 April 2010

First Hydro Company is a new member at N2EX, the UK power market set up by NASDAQ OMX Commodities and Nord Pool Spot. N2EX now have a total of 14 members and more companies are in the process of becoming members.

Since N2EX launched a day-ahead auction and trading and clearing of prompt contracts on Tuesday 12 January, the total traded volumes has exceeded 1 170 GWh, about two thirds traded in the prompt market and one third traded in the day-ahead auction.

Members N2EX:
E.ON Energy Trading SE, RWE Supply & Trading GmbH, Statkraft Markets GmbH, Vitol S.A, Royal Bank of Scotland PLC, EDF Trading Ltd., SSE Energy Supply Ltd., Morgan Stanley Capital Group Inc., British Energy Trading and Sales Limited, Merrill Lynch Commodities Ltd., Deutsche Bank AG, Danske Commodities A/S, Gazprom Marketing & Trading Ltd. and First Hydro Company.

For further information, please contact N2EX:
 

Geir Reigstad, senior vice president,NASDAQ OMX Commodities, phone +47 9084 6735

Hans Randen, trading director, Nord Pool Spot, phone +47 9202 1326

Press contact: Thomas Skålnes, corporate communications, NASDAQ OMX Commodities,
phone +47 6752 8080/+47 9340 7300