Oslo, Saturday, January 1, 2000
Stock Exchange Notification

 Terna - Rete Elettrica Nazionale SpA awarded Blom’s Italian subsidiary, CGR, a contract for NOK 10 million. Terna is in charge of electricity transmission and dispatching over the high-voltage (HV) and extra-high voltage (EHV) grid throughout Italy. The contract includes orthophotos of the Italian territory for study of the environment around power lines and for the maintenance of power lines. Blom believes the mapping orthophoto solution will enable Terna to increase efficiency and lower the cost of its power line network as well as providing an accurate and update data set for the environment proposal and study. Delivery will be completed within the fourth quarter of 2006.

For further information please contact the CEO, Mr. Dirk Blaauw, on tel. +47 22 13 19 23 or CFO Jan Erik Braathen on tel. +47 22 13 19 24.

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