Oslo, 30 March 2008; The Board of Directors of Norwegian Property ASA has approved the consolidated financial statements, the parent company`s financial statements and the Board of Directors` report for 2007. Preliminary figures for 2007 were published on 15 February together with the Q4 2007 Interim Report. Exept for certain minor balance sheet reclassifications, there were no changes to the consolidated statements compared to those presented in the February earnings release. As previously announced, the Board will propose to the Annual General Meeting to pay a dividend of NOK 2.50 per share for the financial year 2007. The Annual Report will be published in the second half of April together with the notice for the Annual General Meeting, which will be held on 20 May 2008.

For further information, please contact:

Svein Hov Skjelle, CFO tel. +47 930 55 566