NEW BOND ISSUE

Today Norwegian Property ASA issues a new secured bond in the Norwegian bond market.

Danske Bank and DNB Markets are joint lead managers of the bond issue.

For further information, please contact: Svein Hov Skjelle, CEO and CFO, tel 930 55 566.

Norwegian Property is a focused and fully integrated office property company with 37 properties located in the Oslo area and Stavanger in Norway. The portfolio, which has a total fair value of NOK 16.4 billion, is characterized by central location and attractive premises high quality tenants. The group’s properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance.

Norwegian Property is listed on Oslo Stock Exchange with the ticker NPRO.

www.npro.no