The Financial Supervisory Authority of Norway has on 31 March 2020, approved a prospectus dated 31 March 2020 (the "Prospectus"). The prospectus has been prepared in connection with the tap issue of NPRO 07 (ISIN NO 0010794241) of NOK 119,000,000 as announced 10 February 2020.The Prospectus is available at the company's website: 

https://www.norwegianproperty.no/wp-content/uploads/2020/03/Endelig-utkast-verdipapirdokument-med-vedlegg-NO0010875206-midlertidig-ISIN-inkorporeres-inn-i-NO0010794241-FRN-NPRO-datert-31.03.2020.pdf

The temporary bonds with temporary ISIN NO 0010875206 will be converted into the main bonds with ISIN NO 0010794241. Record date is 3 April 2020, and settlement date is 7 April 2020. A notice from Nordic Trustee AS is attached. 

For further queries please contact: Haavard Rønning, CFO, tel: +47 400 20 019, email: hr@npro.no.

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