TVIL I AKSJER, PUSTEPAUSE I OLJE, STATSBUDSJETT FOE, SONG & RIG

ANALYSE Aksjemarkedet i dag TVIL I AKSJER, PUSTEPAUSE I OLJE, STATSBUDSJETT FOE, SONG & RIG Fraværet av nøkkeltall fra makrosiden gjorde at investorene i det amerikanske aksjemarkedet allerede i går vendte større fokus tilbake mot selskapssektoren. Det de så var begrenset med nyheter bortsett fra et oppkjøp i helsesektoren og de med ujevne mellomrom oppdukkende meldingene om en oppsplitting av Hewlett-Packard. Indeksene kunne dermed ta en pause i forkant av rapporteringene og etter oppgangen på fredag. Dow endte ned 0.1%, S&P500 sluttet ned 0.2% og Nasdaq stengte ned 0.5%. Volumet på de tre hovedindeksene kom inn på 82-105% av gjennomsnittet for de siste tre måneder. I og med at meldingene om en oppdeling av Hewlett-Packard denne gang kom direkte fra selskapet selv bidro de i vesentlig grad til å løfte aksjen med 5% i går. I Asia er det en blandet utvikling for indeksene i morgentimene i dag og Nikkei er i øyeblikket ned 0.5% etter at BOJ har signalisert stø kurs i sine stimuleringstiltak og Yen-kursen har styrket seg noe mot USD. I Europa får vi i dag tall for industriproduksjonen i både Norge, UK og Tyskland, mens vi fra USA etterhvert får nye tall for antall ubesatte stillinger og forbrukerkreditten. I det norske markedet kan det også være på tide å starte vurderingene av hva morgendagens statsbudsjett vil kunne inneholde av betydning både for selskaper, husholdninger og for investorer. I eierskapsmeldingen lagt frem i juni kom det frem at regjeringen i statsbudsjettet vil be stortinget om fullmakt til helt eller delvis salg av aksjer i blant annet SAS, Mesta, Flytoget, Kongsberg-Gruppen og Telenor. Prosessen knyttet til en børsnotering av Entra er som kjent allerede i gang, mens en mulig tidsplan for eventuelle øvrige salg eller nedsalg fortsatt er uavklart. I oljemarkedet vendte oljeprisen opp igjen på mandag etter en tung dag før helgen. WTI-prisen sluttet opp USD 0.64 pr fat til USD 90.39 pr fat. Brent åpner i dag på USD 92.70 pr fat, opp USD 0.95 pr fat i forhold til nivået ved stengetid i det norske markedet i går. Pustepausens etter nedgangen i oljeprisen den siste tiden skyldes delvis at markedet nå avventer de ukentlige amerikanske lagertallene og delvis at oppgangen i USD-kursen ser ut til å ha stanset noe opp i det korte bildet. Innenfor riggsektoren ser det ut til svekkelsen i den norske delen av markedet fortsetter. Signaler i markedet indikerer at ytterligere en anbudsprosess i regionen nå i første omgang skal være utsatt til 2015. I tillegg til den nylig kansellerte anbudsprosessen på Zidane skal det denne gang være Maria som er satt på hold. Anbudet gjelder i utgangspunktet en rigg for boring av seks brønner over en periode på 550-600 dager og med oppstart sent i 2016. Med mulighet for at to av tre større anbudsprosesser i norsk sektor dermed er utsatt inntil videre venter vi at den negative utviklingen for selskapene med høyest eksponering innen denne geografiske regionen fortsetter og at man som et alternativ bør vurdere aktører med eksponering i andre regioner. Blant aktørene med mest eksponering i det norske markedet har vi salgsanbefalinger på Fred. Olsen Energy med et kursmål på NOK 140 pr aksje, på Songa med et kursmål på NOK 1.90 pr aksje og på Transocean med et kursmål på USD 25 pr aksje. Selskap Tidspunkt Konsensus Yum! Brands Etter markedet 0.83 Land Nøkkeltall Tyskland Industriproduksjon 08.00-0.5% Norge Industriproduksjon 10.00 - UK Industriproduksjon 10.30 0.0% USA Ledige stillinger 16.00 4700 USA Forbrukerkreditt 21.00 USD 20 mrd Våre anbefalte aksjer: - NHY - HLNG - OPERA - AVANCE - BWO - MHG - LSG YTD DNB: + 28% YTD OSE: + 7% Internasjonale børser Siste Endr. % Dow Jones 16,992 (18) -0.10 S&P 500 1,965 (3) -0.16 NASDAQ 4,455 (21) -0.47 Nikkei 225 15,849 (42) -0.26 Euro 500 229 0 0.08 Danmark-KFX 751 (5) -0.66 Finland-HEX 7,587 72 0.96 Norge-OSEBX 584 (0) -0.02 Sverige-SAX 436 (1) -0.30 Valuta/råvarer Siste I går Endr. % EUR/USD 1.262 1.266-0.25 USD/JPY 108.9 108.8-0.14 USD/NOK 6.492 6.475-0.20 EUR/NOK 8.190 8.195 0.05 Siste Endr. Endr. % CRB indeks 280 2.93 1.06 Brent sp. ($/bbl) 92.1 0.69 0.76 Brent 1m ($/bbl) 92.7 0.42 0.45 Alum. 3m ($/ton) 1,929.0 39.50 2.09 US Nat.gass 3.9-0.12-3.00 Renter Siste I går Endr. USA 10år 2.427 2.434-0.01 Tyskl. 10år 0.906 0.902 0.00 Norge 10år 2.283 2.254 0.03 USA 3m 0.232 0.233 0.00 Euro 3m 0.079 0.081 0.00 Norge 3m 1.650 1.640 0.01 DNB Markets følger markedet konstant og nå kan du følge oss på Twitter. Slik gjør vi det enda lettere for deg å forstå hva som skjer. Sjekk oss ut på twitter.com/dnbmarkets ANALYSTS Ole-Andreas Krohn Ole-Andreas.krohn@dnb.no TLF: 08940 Please see the last page for important information

DNB Markets Sentrale US-INDekser SENTRALE US-INDEKSER Endring Endring Endring Endring Gj.snittlig Siste i poeng 1 dag (%) 1 mnd.(%) hittil i år(%) est. P/E Dow Jones Industrial 16,992-17.78-0.10-0.85 2.51 15.57 S&P 500 1,965-3.08-0.16-2.14 6.30 17.81 Nasdaq Composite 4,455-20.82-0.47-2.80 6.66 59.27 Russel 2000 1,095-10.10-0.91-6.45-5.93 54.15 Amex naturgass-indeks (XNG) 855-1.55-0.18-8.81 4.65 23.32 Amex Oil Service Indeks 255 0.85 0.34-11.37-9.10 15.52 Philadelphia-børsens oljeproduksjon-indeks (XOI) 1,514 2.15 0.14-9.33 0.72 12.94 Amex farmasi-indeks (DRG) 530-1.51-0.29 0.28 13.17 22.08 Nasdaq biotech-indeks 2,843-35.23-1.22 0.42 20.00 280.81 Philadelphia-børsens halvleder-indeks (SOX) 618-5.15-0.83-5.11 15.50 21.62 S&P 500 Paper & Forest Index ( PAFO) 204-1.81-0.88-3.91-2.00 0.00 NORDISKE AKSJER I USA Sluttkurs USA Endr.1 dag Volum USA Sluttkurs USA, Sluttkurs Forskjell sluttkurs (USD) (USD) hjemlig valuta hjemme USA/hjemlig Norge Frontline 1.38 (0.08) 307,523 8.96 9.10-0.14 Royal Caribbean Cruises 65.96 1.96 2,208,574 428.19 433.40-5.21 Questerre (CAD) 0.98 (0.03) 24,723 5.69 5.63 0.06 Statoil 25.69 (0.63) 1,552,366 166.77 166.60 0.17 Yara 48.47 0.36 11,304 314.65 315.00-0.35 Sverige AstraZeneca 69.98 0.14 966,711 503.68 505.50-1.82 Finland (EUR) Nokia 8.51 0.22 19,087,043 6.74 6.83-0.08 Danmark Novo Nordisk B 47.08 (0.40) 886,229 277.64 278.20-0.56 SAMMENLIGNBARE SELSKAPER (PEERS) BEST -1d% Peer SVAKEST -1d% Peer Furniture Brands Intern #N/A N/A EKO Concordia -2.1 FRO Dell Inc #N/A N/A KOM Air France -1.8 SASNOK Overseas Shipholding G#N/A N/A FRO Technip -1.2 SUB Hewlett Packard Co 4.7 ATEA Polycom -1.2 TAA Industrie Natuzzi 3.6 EKO Ericsson -1.2 ELT Furniture Brands Intern #N/A N/A EKO Deutsche Telecom -1.1 TEL Nokia 2.7 ELT Teekay Shipping Corp -1.1 FRO Transocean Inc 2.6 FOE Eni -1.0 STL Bg 2.5 STL BASF AG -0.9 ORK Alcoa inc 2.5 NHY Teliasonera ab -0.8 TEL RÅVARER & SHIPPING Siste I går Endr. %1D 1W 1M 3M YTD 12M 52W H 52W L CRB indeks 280.2 280.2 3.9 1.41-3 -7.8-23.5 0.1-7.1 313.3 272.0 GS råvare indeks 4,438 4,438 34.4 0.8% - 32 (236) (585) (392) (452) 5,214 4,379 Oil Brent Spot 92.06 92.15 (0.09) (0.10) - 1 (8.09) (16.88) (18.76) (17.77) Brent olje 1m 92.73 92.79 (0.06) (0.06) - 2 (8.09) (17.51) (18.07) (16.95) 115.71 91.25 Brent olje 3m 93.67 93.87 (0.20) (0.21) - 2 (8.30) (16.27) (16.60) (14.45) 114.44 92.34 WTI olje 1m 90.31 90.34 (0.03) (0.12) - 1 (2.98) (13.22) (8.11) (12.72) 107.73 88.18 Flybensin 856.75 856.75 4.00 0.47-31 (63.25) (117.75) (166.50) (131.75) Naturgass US Henry Hub 3.88 3.88 (0.05) (1.27) - 0 0.04 (0.52) (0.43) 0.25 Fyringsolje 262.3 262.1 0.1 0.1-2 - 20-29.2-45.4-38.6 337.0 259.2 Metals Aluminium 3m 1,929 1,929 15 0.8-34 (164) 6 129 85 2,120 1,671 Nikkel 16,700 16,700 150 0.9 25 (2,875) (2,700) 2,800 2,650 21,625 13,274 Kopper 6,710 6,710 68 1.0-25 (265) (440) (650) (550) 7,460 6,321 Gull 1,205 1,207 (2) - 0.2-3 (64) (115) (0) (118) 1,392 1,183 Shipping WS AG - Japan, 250 dwt 38 0 0 0 5 (5) (10) (20) 3 WS AG - USG, 250 dwt 20 20 0 0 3 (5) (8) (15) (5) Containerships index 0 0 0.0 0.0% - 0 0 0 0 0 Baltic dry index 1,029 1,029-8.0-0.77-33 (126) 141 (1,248) (1,086) 2,337 0 723 2

DNB Markets US-INTRADAG REBASERT US-INTRADAG REBASERT 103 102 101 100 99 98 OSX (Oljeservice) XOI (Oljeproduksjon) Oljepris (WTI) S&P500 Olje / Indekser Endring USA Endring Endring Endring close/close US-open/Oslo-close Oslo-close/US-close US-close/this morning WTI - -0.98% 1.31% -0.12% Oljeservice 0.34% 0.91% -0.55% Oljeproduksjon 0.14% 0.47% -0.37%. Kilde: Bloomberg/DNB Markets 3

DNB Markets S&P 500-indekser på bransjenivå S&P 500-INDEKSER PÅ BRANSJENIVÅ Endring Endring Endring Endring Endring Gj.snittlig 1 dag 1 mnd. 3 mnd. 1 år hittil i år est. P/E Helseartikler 1.6% 1.4% 1.8% 24.9% 14.1% 17.9 Metall 0.8% -8.5% -7.1% 9.3% -1.9% 19.1 Elektronisk utstyr og instrumenter 0.7% -8.6% -9.7% 18.4% 6.6% 14.8 Drikkevarer 0.5% 2.4% 3.4% 22.3% 11.9% 20.8 Energi og relatert utstyr 0.4% -10.2% -16.4% 5.3% 3.1% 14.2 Diversifiserte telekomtjenester 0.4% 0.3% 0.5% 6.9% 3.3% 14.2 Maskiner 0.4% -6.0% -8.7% 8.8% -2.3% 15.4 Datamaskiner og tilbehør 0.2% -0.4% 3.6% 40.8% 22.7% 13.2 Internett programvare og -tjenester 0.1% -0.7% 5.1% 33.6% 9.9% 25.5 Olje og gass 0.1% -7.7% -9.6% 7.2% -1.6% 13.8 Matvarer 0.0% -1.9% -2.6% 13.7% 4.5% 18.6 Programvare 0.0% -1.7% 4.1% 28.2% 14.3% 17.5 Elektrisk utstyr 0.0% -6.0% -11.9% -1.3% -11.4% 15.5 Fritidsutstyr 0.0% -5.4% -12.2% -11.2% -23.7% 15.5 Legemiddelindustri og bioteknologi -0.1% 2.5% 5.7% 28.1% 18.5% 18.3 Bildeler -0.1% -9.6% -13.3% 8.0% -6.3% 12.1 Kraft -0.1% -1.8% -0.2% 14.3% 12.3% 15.6 Kjemikalier -0.1% -2.9% -1.4% 16.9% 7.1% 17.7 Bank -0.2% 1.2% 2.5% 21.2% 8.4% 12.0 Bygg og anlegg -0.2% -8.9% -9.9% -2.0% -12.7% 15.6 Husholdningsartikler -0.3% 0.1% 1.4% 11.1% 2.2% 19.3 Farmasi -0.3% 0.9% 1.4% 23.4% 13.6% 17.8 Media -0.4% -4.8% -2.3% 17.3% 3.4% 17.6 Forsikring -0.4% -2.2% -2.8% 10.6% -0.1% 11.3 Industrielle konglomerater -0.4% -3.1% -4.8% 9.0% -6.8% 16.5 Kommunikasjonsutstyr -0.6% -0.9% -4.6% 9.9% 5.0% 13.0 Hotell og restaurant -0.8% -1.3% -4.0% 8.3% -0.1% 21.6 Papir- og skogprodukter -0.9% -3.9% -4.2% 10.0% -2.0% 13.5 Bioteknologi -1.2% 0.7% 11.8% 40.5% 26.0% 19.5 Luftfart -1.8% -4.5% 6.8% 70.6% 47.2% 13.5 MSCI EUROPA PÅ BRANSJENIVÅ Endring Endring Endring Endring Endring Gj.snittlig 1 dag 1 mnd. 3 mnd. 1 år hittil i år est. P/E Materialer 1.0% -7.5% -9.7% 2.1% -3.0% 14.30 Mat- og apotekhandel 1.0% -12.2% -21.2% -25.1% -25.3% 12.47 Forbruksvarer og klær 0.8% -5.8% -8.0% -9.3% -8.2% 17.12 Detaljhandel 0.7% -3.9% -2.3% -0.7% -6.0% 19.64 Media 0.7% -1.1% 0.1% 9.1% 0.3% 17.31 Kommersielle tjenester og leveranser 0.7% -5.7% -6.0% -2.3% -6.2% 17.21 Banker 0.7% -2.1% 2.9% 9.2% 3.9% 13.01 Finansieringsselskaper 0.7% -2.1% -1.5% 0.9% -4.0% 14.36 Programvare og tjenester 0.5% -4.3% -2.5% 9.0% -6.2% 16.99 Teknologisk utstyr 0.4% 1.8% 12.0% 10.5% 7.5% 25.52 Telekommunikasjon og tjenester 0.3% -1.4% -0.9% 5.7% -1.1% 17.56 Hotell-, underholdnings- og restaurantvirksomhet 0.2% -0.2% -2.4% 23.2% 7.9% 18.72 Drikkevarer, mat og tobakk 0.2% -3.1% -1.3% 12.2% 7.5% 18.69 Transport 0.1% -5.0% -5.2% 10.8% 0.5% 15.18 Forsikring 0.1% -2.2% 0.2% 14.2% 2.6% 10.65 Husholdningsvarer og personlige produkter 0.0% -2.6% -0.9% 11.1% 0.4% 20.05 Eiendomsselskaper -0.1% -5.4% -2.5% 14.5% 9.4% 19.26 Energi -0.1% -6.7% -9.6% 7.0% 1.3% 11.06 Forsyningsselskaper -0.1% -3.6% -1.4% 15.9% 14.5% 14.96 Kapitalvarer -0.2% -5.0% -5.2% -0.4% -6.2% 15.42 Helsevern - utstyr og tjenester -0.3% 0.5% 4.4% 18.3% 8.7% 21.84 Biler og komponenter -0.4% -10.8% -14.7% 0.4% -8.6% 9.39 4

DNB Markets Renter & Valuta DOW 30 Kurs Endring Endring Endring siste 1 dag 1 mnd 1 år COCA-COLA CO/THE 43.60 1.4% 4.2% 17.7% VERIZON COMMUNICATIONS IN 50.08 0.7% 0.3% 5.9% EXXON MOBIL CORP 94.52 0.6% -4.8% 10.0% CATERPILLAR INC 98.00 0.6% -9.7% 17.3% AT&T INC 35.49 0.4% 1.0% 4.4% CHEVRON CORP 118.09 0.3% -7.3% 0.2% TRAVELERS COS INC/THE 94.70 0.3% 0.5% 12.6% INTEL CORP 34.11 0.2% -2.5% 49.4% INTL BUSINESS MACHINES CO 189.04 0.2% -1.1% 3.9% WALT DISNEY CO/THE 88.56 0.1% -2.6% 37.1% 3M CO 140.34 0.1% -2.7% 18.2% WAL-MART STORES INC 77.35 0.0% -0.2% 7.6% MICROSOFT CORP 46.09 0.0% 0.4% 38.3% BOEING CO/THE 126.26-0.1% 1.3% 8.2% VISA INC-CLASS A SHARES 211.79-0.1% -1.1% 13.7% AMERICAN EXPRESS CO 87.03-0.1% -2.9% 19.3% PFIZER INC 29.17-0.2% -1.6% 1.9% UNITED TECHNOLOGIES CORP 104.22-0.2% -4.1% 0.2% JPMORGAN CHASE & CO 60.18-0.2% 0.5% 16.1% JOHNSON & JOHNSON 104.86-0.3% 0.4% 21.1% PROCTER & GAMBLE CO/THE 83.57-0.3% -0.2% 10.5% HOME DEPOT INC 93.26-0.3% 1.8% 24.1% GOLDMAN SACHS GROUP INC 187.48-0.3% 4.3% 21.5% MERCK & CO. INC. 59.58-0.5% -2.6% 24.4% DU PONT (E.I.) DE NEMOURS 70.16-0.7% 6.3% 20.7% GENERAL ELECTRIC CO 25.22-0.7% -3.4% 5.3% MCDONALD'S CORP 93.84-1.1% 0.8% -0.6% UNITEDHEALTH GROUP INC 85.09-1.1% -3.0% 17.9% NIKE INC -CL B 89.22-1.2% 8.8% 25.1% CISCO SYSTEMS INC 25.01-1.2% 0.0% 9.3% S&P 500-30 fra toppen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år CAREFUSION CORP 56.75 22.9 % 22.2 % 53.3 % BECTON DICKINSON AND CO 124.98 7.9 % 7.5 % 25.7 % HEWLETT-PACKARD CO 36.87 4.7 % -1.9 % 76.2 % DEAN FOODS CO 13.40 4.0 % -13.8 % -25.4 % LAM RESEARCH CORP 74.84 2.9 % 4.0 % 44.6 % TRANSOCEAN LTD 30.94 2.6 % -17.7 % -31.3 % ALCOA INC 15.99 2.5 % -7.5 % 100.6 % INTUITIVE SURGICAL INC 486.55 2.4 % 4.5 % 27.7 % TESORO CORP 62.02 2.3 % -6.9 % 42.4 % CR BARD INC 149.24 2.0 % -0.6 % 30.3 % DIAMOND OFFSHORE DRILLING 33.67 2.0 % -19.6 % -43.0 % NEWMONT MINING CORP 23.15 2.0 % -10.9 % -14.8 % NOBLE CORP PLC 20.56 1.6 % -22.7 % -38.1 % MYLAN INC 50.98 1.5 % 8.5 % 27.3 % XYLEM INC 35.58 1.5 % -5.8 % 27.1 % STRYKER CORP 83.70 1.4 % -0.5 % 23.9 % PEABODY ENERGY CORP 11.32 1.4 % -24.9 % -34.3 % COCA-COLA CO/THE 43.60 1.4 % 4.2 % 17.7 % ABBOTT LABORATORIES 42.36 1.4 % -1.4 % 26.4 % TE CONNECTIVITY LTD 56.41 1.3 % -9.9 % 9.6 % EXPEDIA INC 86.57 1.3 % -1.5 % 67.2 % PULTEGROUP INC 18.19 1.3 % -1.8 % 13.5 % LENNAR CORP-A 40.36 1.3 % 3.8 % 16.3 % CORNING INC 19.17 1.3 % -10.0 % 32.4 % YAHOO! INC 41.52 1.2 % 4.9 % 21.6 % OCCIDENTAL PETROLEUM COR 97.08 1.2 % -4.2 % 1.9 % AES CORP 14.30 1.1 % -4.0 % 7.6 % CONAGRA FOODS INC 33.69 1.1 % 3.6 % 11.0 % MOSAIC CO/THE 43.05 1.0% -8.9% -5.7% S&P 500-30 fra bunnen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år H&R BLOCK INC 29.91-5.5 % -8.0 % 7.7 % MICRON TECHNOLOGY INC 32.57-4.0 % -1.1 % 76.1 % BEST BUY CO INC 32.20-3.5 % -0.6 % -13.0 % KOHLS CORP 59.59-3.1 % -0.6 % 14.8 % WINDSTREAM HOLDINGS INC 10.61-3.0 % -6.0 % 30.8 % PITNEY BOWES INC 23.68-2.9 % -12.8 % 26.4 % AETNA INC 79.17-2.8 % -5.7 % 21.1 % FIRST SOLAR INC 62.37-2.7 % -12.7 % 42.6 % SANDISK CORP 93.08-2.7 % -5.8 % 49.5 % VERTEX PHARMACEUTICALS 105.76-2.6 % 11.3 % 40.1 % WELLPOINT INC 119.07-2.5 % 0.1 % 38.0 % ALEXION PHARMACEUTICALS 173.66-2.4 % 5.1 % 51.7 % DELTA AIR LINES INC 36.11-2.3 % -7.9 % 45.3 % GAMESTOP CORP-CLASS A 39.56-2.2 % -12.6 % -20.2 % FEDEX CORP 159.24-2.2 % 3.9 % 40.1 % HUMANA INC 126.24-2.1 % -2.3 % 33.3 % TENET HEALTHCARE CORP 57.65-2.0 % -0.1 % 25.1 % ALTERA CORP 33.65-1.9 % -6.3 % -7.9 % CHESAPEAKE ENERGY CORP 21.33-1.9 % -18.5 % -14.2 % GAP INC/THE 41.20-1.9 % -7.7 % 3.8 % PRICELINE GROUP INC/THE 1119.82-1.9 % -6.3 % 7.5 % HUDSON CITY BANCORP INC 9.55-1.8 % -4.3 % 6.2 % MACY'S INC 58.51-1.8 % -5.4 % 36.1 % JUNIPER NETWORKS INC 21.66-1.8 % -7.2 % 5.4 % CABLEVISION SYSTEMS-NY G 17.45-1.8 % -8.8 % 4.9 % L-3 COMMUNICATIONS HOLDIN 113.08-1.7 % 0.9 % 22.1 % EBAY INC 53.55-1.6 % -0.6 % -1.9 % MARTIN MARIETTA MATERIAL 120.92-1.6 % -8.5 % 23.6 % CIGNA CORP 89.19-1.5 % -7.5 % 14.1 % E*TRADE FINANCIAL CORP 22.41-1.5 % 2.3 % 33.7 % ROSS STORES INC 75.79-1.5 % -1.4 % 4.7 % UNDER ARMOUR INC-CLASS A 66.80-1.5 % -7.9 % 68.3 % Nasdaq 100-30 fra toppen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år INTUITIVE SURGICAL INC 486.55 2.4 % 4.5 % 27.7 % TESLA MOTORS INC 260.62 2.1 % -6.0 % 42.4 % GARMIN LTD 51.23 1.5% -3.8% 9.5% MYLAN INC 50.98 1.5 % 8.5 % 27.3 % VODAFONE GROUP PLC-SP A 32.98 1.4 % -1.8 % -7.7 % EXPEDIA INC 86.57 1.3 % -1.5 % 67.2 % YAHOO! INC 41.52 1.2 % 4.9 % 21.6 % NETFLIX INC 463.48 0.9 % -2.6 % 45.7 % WYNN RESORTS LTD 183.79 0.8 % -1.0 % 17.7 % PAYCHEX INC 44.68 0.8 % 5.6 % 12.7 % WHOLE FOODS MARKET INC 38.50 0.7 % -2.6 % -34.9 % PACCAR INC 58.31 0.7 % -5.4 % 7.9 % STERICYCLE INC 117.94 0.6 % -0.3 % 2.2 % CHARTER COMMUNICATION-A 153.53 0.6 % -3.0 % 15.9 % SYMANTEC CORP 23.51 0.5 % -3.6 % -5.3 % MONDELEZ INTERNATIONAL IN 34.42 0.5 % -3.6 % 11.9 % FASTENAL CO 45.98 0.5 % -2.2 % -8.9 % SBA COMMUNICATIONS CORP 111.93 0.4 % -0.9 % 43.4 % LIBERTY GLOBAL PLC-A 42.82 0.4 % 2.4 % 7.8 % MONSTER BEVERAGE CORP 92.37 0.4 % 3.5 % 78.8 % GOOGLE INC-CL C 577.35 0.4 % -1.5 % #VALUE! BAIDU INC - SPON ADR 217.20 0.3 % -4.2 % 37.9 % VERISK ANALYTICS INC-CLAS 60.46 0.3 % -6.5 % -6.5 % MATTEL INC 31.86 0.3 % -9.2 % -22.6 % INTEL CORP 34.11 0.2 % -2.5 % 49.4 % BED BATH & BEYOND INC 66.11 0.2 % 0.9 % -13.8 % DIRECTV 87.89 0.2 % 0.7 % 49.4 % BROADCOM CORP-CL A 38.94 0.2 % -4.3 % 46.9 % KEURIG GREEN MOUNTAIN INC 133.25 0.2 % 1.3 % 76.8 % FACEBOOK INC-A 77.56 0.1 % 0.4 % 53.5 % Nasdaq 100-30 fra bunnen Kurs Endring Endring Endring siste 1 dag 1 uke 1 år MICRON TECHNOLOGY INC 32.57-4.0% -1.1% 76.1% SANDISK CORP 93.08-2.7% -5.8% 49.5% TEVA PHARMACEUTICAL-SP A 53.47-2.7% 2.9% 38.5% VERTEX PHARMACEUTICALS 105.76-2.6% 11.3% 40.1% ALEXION PHARMACEUTICALS 173.66-2.4% 5.1% 51.7% ALTERA CORP 33.65-1.9% -6.3% -7.9% PRICELINE GROUP INC/THE 1119.82-1.9% -6.3% 7.5% EBAY INC 53.55-1.6% -0.6% -1.9% MAXIM INTEGRATED PRODUCT 29.22-1.5% -6.6% -2.2% ROSS STORES INC 75.79-1.5% -1.4% 4.7% NETAPP INC 40.99-1.4% -2.9% -2.2% NUANCE COMMUNICATIONS IN 15.16-1.4% -10.1% -18.0% GILEAD SCIENCES INC 105.13-1.3% -0.2% 70.2% STAPLES INC 11.80-1.3% -8.2% -20.5% CISCO SYSTEMS INC 25.01-1.2% 0.0% 9.3% CITRIX SYSTEMS INC 68.80-1.1% -2.9% -2.3% MARRIOTT INTERNATIONAL -C 67.33-1.1% -4.9% 60.5% AMGEN INC 137.61-1.1% -0.2% 24.9% CATAMARAN CORP 42.05-1.1% -13.6% -10.1% EQUINIX INC 206.52-1.1% -5.8% 24.6% ADOBE SYSTEMS INC 67.67-1.1% -7.5% 33.2% AKAMAI TECHNOLOGIES INC 59.15-1.0% -3.9% 14.5% FISERV INC 64.50-1.0% -1.7% 29.8% STARBUCKS CORP 75.15-1.0% -3.6% -2.2% CERNER CORP 59.24-0.9% -0.4% 9.3% ANALOG DEVICES INC 47.15-0.9% -6.1% 1.1% C.H. ROBINSON WORLDWIDE I 66.73-0.8% -1.5% 14.5% LIBERTY MEDIA CORP - A 46.45-0.7% -5.3% -9.9% WESTERN DIGITAL CORP 94.70-0.7% -6.2% 47.0% AVAGO TECHNOLOGIES LTD 82.88-0.7% -5.7% 92.7% RENTER & VALUTA Renter Siste I går Endr. 1W 1M 3M YTD 12M Norge - Nibor 3m 1.650 1.650 0.000 0.00 (0.06) (0.07) (0.04) (0.04) USA - Libor 3m 0.232 #N/A N/A 0.000 (0.00) (0.00) (0.00) (0.01) (0.01) Euro - Euribor 3m 0.079 0.079-0.002-0.004-0.025-0.125-0.208-0.146 Norge 10 år stat 2.283 2.283-0.008 (0.01) (0.04) (0.16) (0.72) (0.73) USA 10 år stat 2.427 2.420 0.007 (0.06) (0.03) (0.18) (0.60) (0.20) Euro 10 år stat 0.906 0.906-0.019 (0.06) (0.02) (0.36) (1.02) (0.94) Tyskland 10 år stat 0.906 0.906-0.019 (0.06) (0.02) (0.36) (1.02) (0.94) Japan 10 år stat 0.516 0.523-0.007 (0.02) (0.03) (0.05) (0.23) (0.13) UK 10 år stat 2.355 2.355-0.034 (0.09) (0.11) (0.40) (0.67) (0.39) Valuta Siste I går Endr. 1W 1M 3M YTD 12M 52W H 52W L EUR/USD 1.262 1.266-0.003-0.001-0.027-0.098-0.112-0.096 1.399 1.250 USD/JPY 108.9 108.8 0.150-0.7 2.9 7.1 3.6 12.2 110.1 96.6 GBP/USD 1.605 1.608-0.003-0.016-0.005-0.108-0.050-0.005 1.719 1.585 USD/NOK 6.492 6.475 0.013 0.061 0.155 0.329 0.416 0.519 6.544 5.849 EUR/NOK 8.190 8.195-0.004 0.073 0.025-0.190-0.155 0.085 8.563 8.009 GBP/NOK 10.416 10.413 0.003-0.003 0.217-0.132 0.364 0.808 10.834 9.417 5

DNB Markets ETF/ETP ETF/ETP Endring Endring Endring Endring ET F N avn Kurs 1 dg. i % 5 dg. i % 1 mnd i % 1 år i % Valuta Vo lum A ksjer / Indekser Fortune 500 TM W #N/A N/A #VALUE! #VALUE! #VALUE! #VALUE! USD 0 Brasil EWZ 46.03 6.1 % 5.3 % -13.4 % -5.1% USD 56256261 Latin-America 40 ILF 38.23 4.5 % 3.2 % -10.7 % -1.1 % USD 1208484 Hong Kong EWH 20.85 2.2 % 2.8 % -6.7 % 3.6 % USD 4970894 Emerging M arkets EEM 41.82 1.3 % 0.6 % -8.8 % 0.2 % USD 84259616 Pacific ex-japan EPP 46.57 0.9 % 1.3 % -9.6 % -1.9 % USD 2076334 S&P Euro 350 IEV 44.18 0.8 % -2.1% -6.1% 0.5 % USD 563944 FTSE 100 ISF 654.75 0.6 % -1.2 % -4.1% 2.0 % GBp 3273625 Oil Service OIH 47.28 0.4 % -6.0 % -12.0 % -1.0 % USD 9105450 AEX-Nederland AEXT 41.12 0.3 % -1.4 % -2.1% 10.5 % EUR 5244 CAC-40 CAC 42.585 0.2 % -1.6 % -4.3 % 2.6 % EUR 84328 Energi XLE 88.27 0.1 % -3.8 % -9.1% 6.3 % USD 20125051 Forbruksvarer XLP 45.46 0.0 % 0.8 % -0.3 % 14.6 % USD 6884126 Teknologi USA XLK 39.59 0.0 % -0.5 % -1.7 % 23.6 % USD 6947819 Forsyningstjenester XLU 42.54 0.0 % 1.2 % -2.5 % 15.1 % USD 5522131 TexDax TECDAX 1232.16-0.1% -1.1 % -2.4 % 13.8 % EUR #N/A N/A DJIA DIA 169.57-0.1% -0.4 % -1.0 % 13.8 % USD 5315315 S&P 500 SPY 196.29-0.1% -0.6 % -2.4 % 17.2 % USD 104778335 Nasdaq 100 QQQ 97.96-0.2 % -0.7 % -1.9 % 24.9 % USD 36038687 Japan EWJ 11.47-0.3 % -3.1% -3.1% -0.4 % USD 44365774 S&P M idcap 400 M DY 247.47-0.3 % -1.6 % -5.7 % 9.6 % USD 1935788 Finansielle tjenester XLF 23.21-0.3 % 0.0 % -1.1 % 17.1 % USD 33144554 Industri XLI 52.64-0.3 % -1.1 % -3.1% 14.6 % USD 12077137 Russell 2000 IWM 108.71-0.9 % -2.1% -6.6 % 2.8 % USD 35573619 DAX DAXEX 81.77-0.9 % -3.7 % -6.1% 6.0 % EUR 17494 Russell 2000 Growth IWO 128.6-1.2 % -2.4 % -5.7 % 2.9 % USD 1578920 Bioteknologi IBB 271.72-1.3 % -1.6 % 0.4 % 30.8 % USD 1162640 Olje / Energi Naturgass NGAS 0.1175-0.8 % -3.7 % 1.7 % 6.1 % USD 169106 Bensin UGAS 47.015 1.2 % -5.3 % -6.3 % -6.1% USD 0 WTI-Oil USO 34.04 0.8 % -4.2 % -2.5 % -8.3 % USD 4541393 Råolje CRUD 23.58 0.2 % -4.4 % -3.4 % -8.6 % USD 50633 WTI-olje OILW 48.74 0.1 % -4.7 % -4.4 % -9.9 % USD 0 Fyringsolje HEAT 20.235 0.1 % -3.9 % -7.9 % -13.3 % USD 0 Brent-olje OILB 58.775-0.1% -5.6 % -9.8 % -15.4 % USD 32228 M etaller Sølv SLV 16.6 3.0 % -1.1 % -9.9 % -22.9 % USD 8486749 Bomull COTN 2.121 3.9 % 4.2 % 0.0 % -19.1% USD 23171 Sink ZINC 7.18875 1.8 % 1.2 % -3.6 % 18.9 % USD 1069 Kobber COPA 30.97 1.2 % -0.4 % -3.8 % -8.8 % USD 118124 Aluminium ALUM 3.467 1.0 % -1.4 % -8.5 % -4.1% USD 100 Nikkel NICK 17.78 0.9 % 0.1 % -14.6 % 16.4 % USD 1550 A ndre råvarer Svinekjøtt HOGS 1.075 0.8 % 1.8 % -1.9 % 2.6 % USD 0 Kaffe COFF 2.8275 5.2 % 15.2 % 10.3 % 73.6 % USD 231128 Sukker SUGA 12.935 3.8 % 1.9 % -3.3 % -29.9 % USD 2756 Soyaolje SOYO 4.63 2.1 % 3.1 % 4.1 % -20.2 % USD 21400 M ais CORN 1.17 1.7 % 1.4 % -6.4 % -32.1% USD 639891 Soyabønner SOYB 21.525 1.2 % 1.8 % -7.7 % -12.4 % USD 476 Hvete WEAT 1.003 1.1 % 2.7 % -8.7 % -35.5 % USD 63216 Kveg CATL 8.3038 0.3 % 2.5 % 3.1 % 24.6 % USD 0 R åvarekurver Energi AIGE 8.94-0.3 % -4.5 % -3.9 % -5.6 % USD 37145 Softs (Sukker, Kakao, Bomull) AIGS 5.86 4.5 % 8.1 % 3.1 % 0.6 % USD 0 Landbruk AIGA 6.105 2.4 % 3.6 % -3.9 % -16.4 % USD 247067 Ex-Energi AIGX 10.05 1.6 % 1.3 % -4.9 % -9.5 % USD 0 Industrimetaller AIGI 13.2 1.4 % -0.3 % -6.8 % -0.1% USD 60556 Korn AIGG 4.3945 1.4 % 1.8 % -7.5 % -25.8 % USD 47284 Edle metaller AIGP 17.0125 1.0 % -1.4 % -6.3 % -13.9 % USD 5080 Råvarer AIGC 12.175 1.0 % -0.6 % -4.7 % -8.3 % USD 3194 Buskap AIGL 4.1465 0.5 % 2.2 % 1.3 % 16.2 % USD 0 6

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