The board of directors of Norwegian Property ASA and the company’s nomination committee have been notified by the board members Nils K. Selte and Camilla Hagen Sørlie that they retire from the board effective immediately. Nils K. Selte and Camilla Hagen Sørli are chief executive officer and project manager, respectively, of Canica AS. Furthermore, reference is made to the stock exchange notice dated 15 January 2015 in which it was communicated that Canica AS has sold all of its shares in Norwegian Property ASA.

The ordinary general meeting will take place on 9 April 2015. The nomination committee will announce its recommendations prior to the ordinary general meeting at the latest.

Contact person:

Henrik Christensen, Chairman of the Board, tel: +47 90 96 76 83