NPRO: Approved prospectus for the Subsequent Offering
Oslo, 11 August 2009
Reference is made to the stock exchange notice dated 10 August 2009 regarding the planned subsequent offering of shares in Norwegian Property ASA ("NPRO", "Company" or "Norwegian Property"") and the press-release sent from Oslo Børs ASA ("Oslo Børs") today regarding the approved prospectus.
As previously announced, the Subsequent Offering will consist of up to 50,000,000 Subsequent Offering Shares with preferred allocation to Eligible Shareholders at a subscription price of NOK 6.00 per Share (equalling the price set in the Private Placement), raising up to