Entra

Related Party Transaction • Jun 24, 2016

Entra ASA : Sale of Kalfarveien 31 in Bergen

Entra ASA : Sale of Kalfarveien 31 in Bergen

Entra has sold the property Kalfarveien 31 in Bergen. The property is a 8,440

sqm wooden building built in 1857. The transaction is based on a property value

of NOK 85 million and Entra's value gain is approximately 18 % compared to book

values as of 31.03.16. The transaction is structured as a sale of shares in the

company Kalfarveien 31 AS and the buyer is Daimyo Eiendom AS. Closing is

expected to take place at 30.09.16 .

The transaction is in accordance with Entra's strategy to focus the portfolio on

large, flexible office buildings close to public transportation hubs and thus to

divest smaller, non-core assets.

For further queries please contact: Anders Olstad, CFO Entra ASA, tel:

+47 900 22 559, email: ao@entra.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2022860]