Yanka AS has sold 71,672 shares at NOK 18.25 per share in NPRO by accepting the
tending offer from Geveran Trading Co. Limited. The company is controlled by
Bent Oustad (Oustad) who is CEO of  Norwegian Property ASA (NPRO).

Following the transaction, Oustad and companies controlled by Oustad, do not own
any shares in NPRO. Oustad has options which need to be exercised within 1 July
2022 for subscription of 5,750,000 shares in the Company as follows: 3,750,000
of the options are exercisable and the remaining 2,000,000 options will be
exercisable from 1 January 2022.

Please see further details in the attached form.

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

Norwegian Property is a focused and fully integrated office property company
with properties located mainly in the Oslo area in Norway. The portfolio is
characterized by central location and attractive premises with 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

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© Oslo Bors ASA, source Oslo Stock Exchange