ANNOUNCEMENTS

NPRO: Mandatory notification of trade

As part of the employee share program in Norwegian Property ASA the following insiders have purchased shares in Norwegian Property ASA.

Svein Hov Skjelle, EVP & CFO of Norwegian Property ASA, has purchased 944 shares at a share price of NOK 6.35 and 11 650 shares at a share price of NOK 7.15. After the purchase Skjelle owns a total of 45 650 shares in Norwegian Property.

Aili Klami, EVP Leasing & Marketing in Norwegian Property ASA, has purchased 944 shares at a share price of NOK 6.35. After the purchase Klami owns a total of 7 944 shares in Norwegian Property.

Fredrik W. Baumann, EVP Property Development in Norwegian Property ASA, has purchased 944 shares at a share price of NOK 6.35 and 11 650 shares at a share price of NOK 7.15. After the purchase Baumann owns a total of 12 594 shares in Norwegian Property.

Sigmund Sletvold, SVP Transactions in Norwegian Property ASA, has purchased 944 shares at a share price of NOK 6.35 and 11 650 shares at a share price of NOK 7.15. After the purchase Sletvold owns a total of 12 694 shares in Norwegian Property.

Elise Heidenreich-Andersen, SVP Investor Relations in Norwegian Property ASA, has purchased 944 shares at a share price of NOK 6.35 and 11 650 shares at a share price of NOK 7.15. After the purchase Heidenreich-Andersen owns a total of 12 594 shares in Norwegian Property.

In sum, primary insiders and other employees in Norwegian Property have purchased a total of 128 764 shares as part of the employee share program. The allocation of shares has been drawn from Norwegian Property ASA's holdings of treasury shares. After these allocations Norwegian Property ASA owns 21 236 remaining treasury shares.

This information is subject of the disclosure requirements acc. to § 5-12.

For additional information, please contact:

Svein Hov Skjelle, CFO, tel. +47 930 55 566, shs@npro.no 
Elise Heidenreich-Andersen, SVP IR, tel. +47 951 41 147, eha@npro.no