Reference is made to the notice to the extraordinary general meeting in Norwegian Property dated 10 June 2009. The extraordinary general meeting held today resolved all proposals on the agenda, including the proposal to reduce the share capital by reduction of the nominal value of the shares from NOK 25.00 to NOK 0.50 per share and the share capital increase. The reduction amount is transferred to other equity. As a result, the creditor notice period is expected to start on or about 25 June 2009 and end on or about 25 August 2009.

 

For further information, please contact:

Mari Thjømøe, CFO, tel. +47 90 777 824