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Entra

Business and Financial Review Apr 29, 2016

3596_iss_2016-04-29_1ceb7962-0e68-49d8-b68e-d20287269839.html

Business and Financial Review

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Entra ASA : Acquires land plot in Bergen

Entra ASA : Acquires land plot in Bergen

Entra has acquired a land plot in Lars Hillesgate 25 in Bergen for NOK 53

million. The land plot has a prime location opposite Lars Hilles gate 30 where

Entra is developing the property MediaCity Bergen through Entra OPF.

Entra will as soon as possible start a zoning process with an ambition to build

a new office property on the land plot, supplementing the project in Lars Hilles

gate 30 and further strengthening Entra's position in Bergen. Current zoning

allows a new-build of approximately 5,800 sqm but Entra has an ambition to

increase this to around 10,000 sqm.

Oslo, 29 April 2016

Entra ASA

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

+47 900 22 559, email: [email protected]

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act

[HUG#2008200]

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