IT Fornebu Properties ASA - Resolution to carry out initial public offering
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS STOCK EXCHANGE NOTICE. Oslo, 28 April 2011: IT Fornebu Properties ASA (the "Company" - OSE: IPROP) has resolved to carry out an offering of minimum 31,250,000 and maximum 35,416,667 New Shares with gross proceeds of between NOK 450 million - NOK 510 million and a Secondary Sale of existing shares of minimum 31,250,000 and maximum 51,