On the third morning Sigurd once more laid down his ball, and it rolled far away, till at last it stopped under a very high rock indeed, hideous giantess that ever was seen looked down .
When she saw who was there she cried out: ‘Ah, this is just what I wanted! Here comes Prince Sigurd. Into the pot he goes this very night. Come up here, my friend, and wrestle with me.’ And she hauled him up just as her sisters had done.
Sigurd then gave her his stepmother’s message and the last and largest ring. The sight of the red gold delighted the giantess, and she challenged Sigurd to a wrestling match. This time the fight was fierce and long, but when at length Sigurd’s strength was failing the giantess gave him something to drink, and after he had drunk it he soon brought her to her knees. ‘You have beaten me,’ she gasped, so now, listen to me. ‘Not far from here is a lake. Go there; you will find a little girl playing with a boat. Try to make friends with her, and give her this little gold ring. You are stronger than ever you were, and I wish you good luck.’
With these words they took leave of each other, and Sigurd wandered on till he reached the lake, where he found the little girl playing with a boat, just as he had been told. He went up to her and asked what her name was dermes hk.
She was called Helga, she answered, and she lived near by.
So Sigurd gave her the little gold ring, and proposed that they should have a game. The little girl was delighted, for she had no brothers or sisters, and they played together all the rest of the day.
When evening came Sigurd asked leave to go home with her, but Helga at first forbade him, as no stranger had ever managed to enter their house without being found out by her father, who was a very fierce giant.
However, Sigurd persisted, and at length she gave way; but when they came near the door she held her glove over him and Sigurd was at once transformed into a bundle of wool. Helga tucked the bundle under her arm and threw it on the bed in her room.
Almost at the same moment her father rushed in and hunted round in every corner, crying out: ‘This place smells of men. What’s that you threw on the bed, Helga?’
‘A bundle of wool,’ said she.
‘Oh, well, perhaps it was that I smelt,’ said the old man, and troubled himself no more.
The following day Helga went out to play and took the bundle of wool with her under her arm. When she reached the lake she held her glove over it again and Sigurd resumed his own shapereenex.