We refer to the notice of extraordinary general meeting of Norwegian Property ASA to be held on Friday 10 October 2014 at 11.00 at Hotel Continental, Stortingsgaten 24/26 in Oslo, Norway.

Please find attached the recommendations from the Nomination Committee of the company. The recommendations from the committee are that the extraordinary general meeting elects the following board and nomination committee of Norwegian Property ASA:

Board of Directors:

• Henrik A. Christensen, chairman of the board

• Bjørn Henningsen, board member

• Nils K. Selte, board member

• Camilla Hagen Sørli, board member

• Cecilie Astrup Fredriksen, board member

• Substitute board member: Espen D. Westeren

Nomination Committee:

• Marianne E. Johnsen, chair

• Jan Ole Stangeland, member

• Espen D. Westeren, memeber

The recommendations are also available on the company’s web page.

For further information please contact Chief Financial Officer Svein Hov Skjelle,
telephone: (+47) 930 55 566
Email: shs@npro.no