One producer of cluster munitions and two producers of nuclear weapons excluded from the Government Pension Fund - Global.

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M2 PRESSWIRE-11 January 2008-Norwegian Government: One producer of cluster munitions and two producers of nuclear weapons excluded from the Government Pension Fund - Global(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:11012008

The Ministry of Finance has excluded Hanwha Corporation (a South Korean company), Serco Group Plc (a British company) and GenCorp Inc (an American company) from the Government Pension Fund - Global, pursuant to the Ethical Guidelines for the Fund.

- According to the Council on Ethics, these companies produce cluster munitions and nuclear weapons, respectively, and we cannot participate in the funding of this type of production, says Kristin Halvorsen, the Minister of Finance.

In addition, the Council on Ethics...