KMC Properties ASA

Major Shareholding Notification • Jun 27, 2017

Storm Real Estate ASA - major shareholding notifications

Storm Real Estate ASA - major shareholding notifications

Reference is made to separate stock exchange announcement regarding

the rights offering in Storm Real Estate ASA.

Aconcagua Management Ltd, controlled by board member Morten E.

Astrup, has been allocated 19.951.544 new shares. New holding after

this is 23.880.399 shares equal to 27.03% of the shares and votes in

the Company.

Ørn Norden AS, 50% owned by board member Morten E. Astrup, has been

allocated 904.226 new shares. New holding after this is 1.082.286

shares, equal to 1.23% of the shares and votes in the Company.

Total holdings for companies controlled by Morten E. Astrup is after

this 24.962.685 shares and votes in the Company (28.26%) and the

notification threshold of 25% is passed.

Strategic Investments A / S, where Kim Mikkelsen is the managing

director and board member, has been allocated 18.528.422 new shares.

New holdings are after this 22.177.036 shares and votes (25.10%) and

the notification threshold of 25% is passed.

This information is subject to disclosure pursuant to section 5-12

of the Securities Trading Act.

For further information, please contact:

Einar Pedersen, CFO

T: +44 (0) 20 7409 3369