NPRO: Annual accounts for 2015 approved

The Board of Directors of Norwegian Property ASA has approved the consolidated financial statements and the parent company's financial statements for 2015. There are no changes compared to the accounts presented in the preliminary figures for 2015 published on 11 February 2016.

A complete Annual Report will be published on the company's web site; www.norwegianproperty.no in the middle of March 2015.

For additional information, please contact:

Svein Hov Skjelle, CEO, tel. +47 930 555 66, shs@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 38 properties located in the Oslo area and Stavanger in Norway. The portfolio, which has a total fair value of NOK 16.0 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