Norwegian Property ASA (OSL:NPRO) NPRO - Mandatory Notification Of Trade

Norwegian Property ASA (OSL:NPRO) CEO Petter Jansen has on 29 December 2008 entered into a forward contract for the purchase of 35 000 shares in Norwegian Property ASA, with expiry date 19 May 2009 and purchase price NOK 6.1763 per share.

Tamelin Invest AS, a company fully owned by Petter Jansen, has on 29 December 2008 closed an existing forward contract for 35 000 shares in Norwegian Property ASA with expiry date 19 May 2009 and purchase price NOK 8.9691 per share.

Following the above transactions, Petter Jansen and related parties hold 35 000 shares under forward contracts and 40 000 directly owned shares in Norwegian Property ASA.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Norwegian Property ASA

http://www.norwegianproperty.no

ISIN: NO0010317811

Stock Identifier: XOSL.NPRO