NPRO: Purchase of own shares

Norwegian Property ASA has on 1 June 2012 bought 150 000 Norwegian Property ASA (NPRO) shares in the market at an average price of NOK 7.94 per share. Norwegian Property ASA owns 150 000 treasury shares following the transaction.

The transaction is part of a share repurchase program, authorized by the Annual General Meeting held on 12 April 2012. The shares will be used in connection with an employee share purchase program.

For more details on the share repurchase program, please download the minutes from the annual general meeting from: http://www.norwegianproperty.no/formal-documents.

This information is subject of the disclosure requirements acc. to § 5-12.

For additional information, please contact:

Svein Hov Skjelle, CFO, tel. +47 930 55 566, shs@npro.no
Elise Heidenreich-Andersen, SVP IR, tel. +47 951 41 147, eha@npro.no