ANNOUNCEMENTS

Presentation of financial results for the second quarter 2011

Norwegian Property ASA (OSE:NPRO, NPRO.OL) will present the financial results for the second quarter 2011 on Tuesday 23 August 2011 at 08:30.

The presentation will be held by Olav Line (CEO) and Svein Hov Skjelle (CFO).

Venue: Hotel Continental, Stortingsgt. 24-26, Oslo

Time: 08:30.

Webcast:

The presentation will be broadcasted live on

www.norwegianproperty.no