NPRO: 3Q 2018 - EARNINGS PER SHARE NOK 0.23, DIVIDEND NOK 0.07 PER SHARE

Pre-tax profit came to NOK 195.4 million (NOK 417.6 million). After NOK 68 million in estimated tax expense, net profit for the period came to NOK 127.4 million. That yielded ordinary earnings per share (EPS) of NOK 0.23 for the third quarter. Carried equity per share came to NOK 14.22 at 30 September 2018, up from NOK 14.05 at 30 June.

Link to webcast in Norwegian: http://webtv.hegnar.no/presentation.php?webcastId=97451366

The board of directors has approved a dividend of NOK 0.07 per share to be distributed to the registered shareholders as of 7 November 2018 (ex. date is 29 October 2018).

For further information, please contact:
Haavard Rønning, CFO
Telephone: +47 400 200 19
Email: hr@npro.no

This information is subject of the disclosure requirements according to §5-12 of the Norwegian Securities Trading Act (“Verdipapirhandelloven”).

Norwegian Property is a focused and fully integrated office property company with 32 properties located in the Oslo area and Stavanger in Norway. The portfolio, which has a total fair value of NOK 15.6 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