Norwegian Property ASA has issued a new 3 year bond totaling NOK 500 million.

The loan is issued with an interest of 3 month NIBOR + 1.30 % p.a. The loan is secured by first priority pledge in the properties Drammensveien 134 building 5 and building 6 based on an LTV of about 65 per cent.

The bond has been issued with payment 16 September 2013. The purpose of the bond is refinancing of the two properties, and will reintroduce Norwegian Property in the bond market.

Norwegian Property will apply for listing on Oslo Stock Exchange of the bond.

Danske Bank Markets and DnB Markets are arrangers for the loan.

For further information, please contact:

Norwegian Property ASA

Svein Hov Skjelle, CFO

Telephone: +47 930 55 566

Email: shs@npro.no