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KMC Properties ASA

Board/Management Information May 28, 2018

3645_iss_2018-05-28_6f1449e6-a301-4550-b417-9aa33a4cee4e.html

Board/Management Information

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Storm Real Estate ASA - termination notice of management agreement

Storm Real Estate ASA - termination notice of management agreement

Storm Real Estate ASA has on 28/05/2018 given notice of termination of the management agreement with Storm Capital Management Ltd. The notice period in the agreement is 3 months.

It is the board's intention that this termination will initiate negotiations with Storm Capital Management regarding a continuation of the management assignment on new terms.

For further information, please contact:

Stein Aukner

Chairman of the Board

E-mail: [email protected]

Phone: +47 90123953

Einar Pedersen

Storm Capital Management Ltd.

E-mail: [email protected]

Phone: +44 (0) 20 7409 3369

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