Norwegian Property ASA is considering to initiate a dialogue with investors in the bond issue NPRO04 (ISIN: NO0010709371), with regard to a potential early redemption of the bonds.

Nordea Markets and SEB is engaged as advisors for this process.

For more information, please contact:

Norwegian Property ASA: Svein Hov Skjelle, CFO, tel: +47 930 55 566, email: shs@npro.no

Nordea Markets:  Jan-Erik Nilsen, tel: +47 22 48 77 85, email: jan.erik.nilsen@nordea.com

SEB: Mads Aamodt, tel: +47 22  82 72 58, email: mads.aamodt@seb.no