Norges Bank Press Release, 30 May

PRESS RELEASE - The Government Petroleum Fund records a 0.6 per cent return in the first quarter, 30 May.

The return on the Government Petroleum Fund in the first quarter of 2002 was 0.6 per cent measured by the currency basket that corresponds to the composition of the Fund's benchmark portfolio. Share prices in the three main markets, the US, Europe and Japan, fell at the beginning of the quarter, but rose again towards the end of the quarter. The return on the equity portfolio was 2.3 per cent

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