KMC Properties ASA

Earnings Release • May 26, 2016

Storm Real Estate ASA - Interim Report Q1 2016

Storm Real Estate ASA - Interim Report Q1 2016

- Total Comprehensive Income of USD -2.6 million in Q1

- NAV per share at NOK 8.74 as at 31 March 2016

Interim report and presentation attached.

For further information, please contact:

Erik Mathiesen, CEO

erik@stormcapital.co.uk

Phone: +44 (0) 207 409 3375

Einar Pedersen, CFO

einar@stormcapital.co.uk

Phone: +44 (0) 207 409 3369