The Board of Directors of Norwegian Property ASA has approved the consolidated financial statements and the parent company's financial statements for 2011. No changes have been made to the accounts compared with those presented in the preliminary figures for 2011 published on 29 February 2012.

Annual General Meeting will be held on 12 April 2012. The Board will propose to the Annual General Meeting to distribute NOK 0.20 per share in dividend.

A complete Annual Report will be published on the company's web site; www.norwegianproperty.no in the middle of March 2012.

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

For additional information, please contact:

Svein Hov Skjelle, CFO, tel. +47 930 555 66, shs@npro.no

Elise Heidenreich-Andersen, SVP IR, tel. +47 951 41 147, eha@npro.no