Information about delivery of March-13 El-certificates

Dear Clearing Member,

We are now approaching the time for delivery of March-2013 el-certificate contracts. The settlement date is 13^th March 2013, with delivery of funds / el-certificates 18^th March 2013.

Important dates and events:
13^th March: NOS calculates the final delivery details, calculated after closing hours (16:00 CET).
14^th March: All relevant reports are sent out to each member’s MyNOS, including the FIFO report, invoice and Daily Summary*.
15^th March: Money and el-certificates should be visible on your SEK client account and NOS Cesar account**, respectively.
18^th March: Money and el-certificates must be on your SEK client account in DNB*** and NOS Cesar account, respectively.

* Daily Summary Report posted on the 14^th March has two sub-reports that will give you information about what you need to transfer to NOS:

• Settlement Details: Provides an overview of the net cash settlement that has to be transferred to your SEK account in DNB if your company is a net buyer of el-certificates. A net seller of el-certificates will have an overview of the net cash settlement to be received. See Total Settlement.
   
• Physical Delivery of el-certificates: Provides an overview of the net amount of el-certificates that has to be transferred to the NOS Cesar account if your company is net seller of el-certificates. A net buyer of el-certificates will have an overview of the net amount of el-certificates to be received. See To be delivered/received calculated.

** Please note that NOS Clearing only uses its account in Cesar during the delivery of el-certificates. All sellers of el-certificates are therefore asked to control that el-certificates are being transferred to the account ”643002406700048897 NOS CLEARING ASA” in Cesar and not to NECS.

*** All payments in SEK should be performed as an URGENT PAYMENT, so that the value date is the same day as the day of transfer.

Contact persons:

Maria Akkuratnova - ma@nosclearing.com, +47 23 25 93 58

Kjetil Andersen - ka@nosclearing.com, +47 23 25 93 31