The Board of Directors of Norwegian Property ASA has approved the consolidated financial statements and the parent company's financial statements for 2010. No changes have been made to the accounts compared with those presented in the preliminary figures for 2010 published on 18 February 2011.

The Board will propose to the Annual General Meeting to distribute nok 0.10 per share in dividend.

A complete Annual Report will be published on the company's web site www.norwegianproperty.no in the middle of April 2011 together with the notice for the Annual General Meeting, which will be held on 5 May 2011.

For further information, please contact:

Svein Hov Skjelle
CFO
Email: svein.hov.skjelle@norwegianproperty.no
Tel:  +47 93 05 56 66

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)