Entra

Regulatory Filings • Jun 15, 2016

Entra ASA : Signed 25 years lease contract for the new Faculty of Law building in Oslo

Entra ASA : Signed 25 years lease contract for the new Faculty of Law building in Oslo

Entra and the University of Oslo has signed a lease for 20,000 sqm in the

planned 21,000 sqm new-build at Tullinkvartalet in Oslo.

- Planning and building the new Faculty of Law-building is a large project for

Entra and a very important city development for Oslo. The signed lease contract

marks a milestone for us. By realizing this project we will contribute to

maintain an active student environment in the heart of Oslo and ensure the best

conditions for future students and employees, says Entra's CEO Arve Regland.

- The University of Oslo is looking forward to an integral solution for the

Faculty of Law in the centre of Oslo, says Gunn-Elin Aa. Bjørneboe, Director of

the University.

The new-build project will involve Entra's properties in Kristian Augusts gate

15, 19 and parts of 21 - currently approximately 15,100 sqm - which to a large

extent is planned to be demolished and re-built to the new 21,000 sqm university

building.

The zoning plan is at its final stages and is expected concluded by the local

government and Oslo City Council this autumn. The project will commence as soon

as the necessary zoning approval is granted and is expected to be finalised in

2019/2020.

Oslo, 15 June 2016

Entra ASA

For further queries please contact: Arve Regland, CEO Entra ASA, tel:

+47 479 07700, email: ar@entra.no.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#2020701]