Norway: The Norwegian government has presented its privatisation programme that aims to reduce the economic role of the State while ensuring that it maintains a blocking minority in the large national companies. Current assessments of state participating interests are valued at NOK 270 billion. State participation in the Norsk Hydro conglomerate will be reduced from 43.82% to 34%. The government has also declared that it could reduce its share in DNB - DEN NORSKE BANK, the main Norwegian bank from 47.3% to 34% and sell its stake in the well-known telecommunications operator, TELENOR (77.68%), as well as in the petrol group STATOIL (81.8%). Other changes forecasted: the State's share in the KONESBERG electronic group will fall from 50% to 34% while capital in the energy producer, STATKRAFT, could also be opened up to "industrial opportunities". Norway will preserve 14.3% of its stake in SAS airlines (SCANDINAVIAN AIRLINES SYSTEM).