05 January 2009 Financial Information about IIIC North operations as of 31 December 2008 Number of approved INTERREG IIIC North operations: 35 Total eligible budget of operations: 55.4 MEUR Total real expenditure reported to JTS: 51.1 MEUR (92.2% of expected expenditure) Total ERDF funds - granted to operations: 32.2 MEUR - claimed by operations so far: 30.0 MEUR (93.2% of granted funds) - paid out by PA so far: 29.7 MEUR (92.3% of granted funds and 99.0% of claimed funds) Total Norwegian funds - granted to operations: 1.23 MEUR - claimed by operations so far: 1.19 MEUR (97.2% of granted funds) - paid out by PA so far: 1.19 MEUR (96.7% of granted funds and 99.5% of claimed funds) Closed operations Number of closed operations: 35 Average spending rate of projects: 92.5% Average ERDF consumption rate of projects: 92.4% Average Norwegian funds consumption rate of projects: 97.4%