NORGAN - disclosure of shareholding, notification of compulsory acquisition and for an extraordinary general meeting
Oslo Properties AS has during the week prior to and including 1 October 2007 acquired 125,500 shares at a price of NOK 94 per share in Norgani Hotels ASA. Post such acquisition, Oslo Properties AS owns 15,853,112 shares representing 40.06 per cent of the outstanding shares. In addition Oslo Properties has received irrevocable acceptances under the voluntary offer dated 17 September 2007 for 22,975,763 representing 58.06 per cent of the outstanding shares. In aggregate, Oslo Properties controls 98.12 per cent of the outstanding shares in Norgani Hotels ASA. Oslo Properties AS intends