Norwegian Property ASA has mandated Nordea and SEB to investigate the opportunity to issue new bonds in the Norwegian bond market. A senior secured bond issue with maturity of 4 to 7 years may be completed, subject to market conditions.

In conjunction with the contemplating bond issue, Norwegian Property ASA will seek for an early redemption of the existing bonds NPRO02 and NPRO03 with ISIN NO0010695034 and NO0010695026, respectively.

For further information, please contact:

Ane Grimsmo, Finance Manager, +(47) 938 73 885.

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