KMC Properties ASA

Declaration of Voting Results & Voting Rights Announcements • Jun 12, 2017

Storm Real Estate ASA - mandatory notification of subscriptions in the Rights Offering

Storm Real Estate ASA - mandatory notification of subscriptions in the Rights Offering

Reference is made to stock exchange notifications dated 9 and 12

June 2017 regarding Rights Offering in Storm Real Estate ASA.

The guarantors Aconcagua Management Ltd, Banan II AS, Aukner Holding

AS and Strategic Investments A/S, entities controlled by Morten E.

Astrup, Stein Aukner and Kim Mikkelsen (all directors) have on

12/06/2017 subscribed for their relative shareholding in accordance

with their guarantee obligations. Aconcagua Management Ltd had in

addition to its relative shareholding guaranteed subscription for an

additional 178,060 existing shares.

The following subscriptions are therefore placed at price NOK 0.40

in the Company's Rights Offering:

Aconcagua Management Ltd:

No of current shares: 3.928.855

No of new shares subscribed for: 15.670.426 (*)

Holdings after the transaction: 19.599.281 (*)

(*) = 679.409 new shares is subscribed for without subscription

rights and is as such subject to allocation in accordance with the

allocation principles as resolved by the general meeting.

Strategic Investments A/S:

No of current shares: 3.648.614

No of new shares subscribed for: 13.921.724

Holdings after the transaction: 17.570.338

Banan II AS:

No of current shares: 476.338

No of new shares subscribed for: 1.817.524

Holdings after the transaction: 2.293.862

Aukner Holding AS:

No of current shares: 25.000

No of new shares subscribed for: 95.390

Holdings after the transaction: 120.390

In addition to subscribing for the guaranteed amounts, the

guarantors may, in line with all eligible shareholders, also over-

subscribe during the subscription period.

For further information, please refer to the Prospectus.

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This information is subject to disclosure under the Norwegian

Securities Trading Act, Section 5-12.