Det Norske Veritas has both defined benefit pension plans and contribution pension plans. The defined benefit pension plans are covered through separate pension funds or through arrangements with insurance companies. The employees’ future pension benefits are based on the employee’s salary level at the time of retirement and on the number of years of membership. The basis for calculating the pension cost and the pension liabilities included in the accounts are shown in this note. Contribution to the Group’s pension plans are made in accordance with common actuarial methods in the country where the pension plan is administered. Total pension costs for 2007 are NOK 316.6 million, of which pension costs related to the defined benefit pension plans are NOK 168.9 million and pension costs related to the contribution pension plans are NOK 147.7 million. The Norwegian companies in the Group are subject to the Norwegian Pension Act. The companies’ pension schemes fulfil the requirements of the law. Norwegian employees are covered either by the Norwegian contribution pension plan (mainly employees employed after 1 January 2005), or the defined benefit pension plan organised in two Norwegian pension funds (employees employed before 1 January 2005). The pension assets in the two Norwegian pension funds are invested as follows: