ANNOUNCEMENTS

NPRO: Start of acceptance period for repurchase of shares

With reference to the notice issued on 9 May 2019, where Norwegian Property ASA (the “Company”) launched an offer to all shareholders in the Company to buy back up to 54,800,000 shares in Norwegian Property ASA, through a book building process with an offer price of NOK 11.75 per share.

The offer period will start 10 May 2019 at 08:00 CEST and will end on 29 May 2019 at 16:30 CEST.

The Company has mandated DNB Markets as financial adviser and receiving agent, and shareholders wanting to sell shares can contact DNB Markets at +47 23 26 80 20. Acceptance forms will be available at www.dnb.no/emisjoner from on or about 10 May 2019.

For further information, please contact:
Haavard Rønning, CFO Tel: +47 400 20 019.

Tel: +47 926 97 622

The information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.