Nel ASA / Dividends

Declaration date	Ex date	Record date	Payment date	Amount
June 10, 2003	June 11, 2003	June 12, 2003	June 24, 2003	NOK 8.2237
November 18, 2003	November 19, 2003	November 20, 2003	December 2, 2003	NOK 64.1449
February 13, 2004	February 16, 2004	February 17, 2004	February 27, 2004	NOK 55.3948
May 6, 2004				NOK 14.1448
June 2, 2004	June 3, 2004	June 4, 2004	July 1, 2004	NOK 1.6447