Norwegian Property ASA has been informed that the company’s shares will be included in the OBX list as from 18 December this year. The OBX list consists of the 25 most traded shares on Oslo Stock Exchange. – An acknowledgment of growth in share turnover and market cap together with active and goal-oriented IR efforts, says acting CEO Mari Thjømøe.

Being among the 25 most liquid shares included in the OBX list implies improved visibility of the company’s shares and prospects of increased market interest as the share becomes relevant to follow for a higher number of financial analysts, media and the investor market. Further, a natural consequence of being included in the OBX list would be for the company’s shares to be traded by more funds with index-based investment management.

The Norwegian Property share has been through a period of share price increase and overall high volumes traded since this summer.
During the same period, the share of non-Norwegian shareholders in the company has increased by twelve percentage points since June to 39 per cent in December.

-          We are pleased to be included in the OBX index which is an acknowledgment that the liquidity of the share is good. This is positive for our investors, and mirrors the growth Norwegian Property has had both in share turnover and market cap this year. At the same time this is a reflection of active and goal-oriented investor relations efforts this autumn, says Mari Thjømøe.

During the past month the company has completed roadshows in London, Amsterdam, Paris and New York and participated in a total of 35 individual investor meetings in connection with the presentation of this year’s third quarter results.

The new OBX composition is valid until 16 June 2010.

IR & PRESS CONTACT

Acting CEO and CFO Mari Thjømøe

Telephone: +47 90 77 78 24

Email: mari.thjomoe@norwegianproperty.no

Investor relations Director Elise Heidenreich

Telephone: +47 95 14 11 47

Email: elise.heidenreich@norwegianproperty.no