NPRO: SUCCESSFUL PLACEMENT OF BONDS

Norwegian Property ASA has today successfully raised NOK 230 million in a tap issue with ISIN NO 0010809338 (Maturity: 9. November 2022) at yield of 3 month NIBOR+1.25%. Settlement data will be 17 January 2018.

SEB acted as Manager for the issuance.

For further information, please contact:
Ane Grimsmo, Finance Manager, tel. +(47) 93873885

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 15.0 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