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01/2002

Euro working group established

To secure a smooth euro transition, Nord Pool Ñ in cooperation with the Market Council Ñ has established a euro working group. The group is composed of exchange member representatives, and includes one person from each country in the Nordic Power Exchange area. The euro working group is a forum for resolving issues that arise from the euro transition and disseminating such information to the market.The euro working group will search out the best practices in each of the countries where similar problems, such as those arising from currency exposures, have already been resolved.

The euro working group has the following members:

• Ms. Lena Hovland, Vattenfall AB
• Ms. Marja Rasi-Kurronen, TXU Nordic Energy Oy
• Mr. Morten Askland, Skagerak Kraft AS
• Mr. Fleming Silius Nielsen, NESA

The Euro Working Group invites the market to communicate their concerns or any questions they may have directly to the individual members of the group or to the following special purpose mail address eurogroup@nordpool.com.