Reference is made to the stock exchange notice from Norwegian Property ASA (“NPRO”) today.

Canica AS has in connection with the announced private placement been allocated 6,324,431 shares in NPRO at a price of NOK 8 per share. Following this transaction Canica AS’ shareholding in NPRO will be 59,208,232 shares.

CFO/CIO in Canica AS, Nils K. Selte, is chairman of the Board of Directors in NPRO.

Punis AS, a closely related party to Nils K. Selte, chairman of the Board of Directors of NPRO,  has in connection with the announced private placement been allocated 108,087 shares in NPRO at a price of NOK 8 per share. Following this transaction, Nils K. Selte’s shareholding in NPRO, including his closely related parties, is 587,087 shares.

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This information is subject to disclosure under section 4-2 of the Norwegian Securities Act.