Entra

Remuneration Information • May 28, 2015

Entra ASA : Share savings scheme 2015 for employees in Entra and participation by primary insider employees

Entra ASA : Share savings scheme 2015 for employees in Entra and participation by primary insider employees

The Board of Entra ASA has decided to start a share savings scheme for the

employees. Through the scheme, the company offers employees of the company to

buy shares in the company. The purpose of the scheme is to increase interest

among employees for the company's goals and performance through owning

shares. The Board wishes the scheme to become a permanent part of the company's

employee incentive scheme. The general meeting will nevertheless consider the

acquisition of shares every year and thereby decide whether to continue the

scheme.

The offer

For 2015, the company will offer a share savings scheme based on a maximum

annual savings amount of NOK 100,000 per employee. The purchase price in the

employee offering will be calculated as the average share price the last 30 days

(VWAP) until and including 29 May 2015 less a 20 per cent discount.  The

employees participating will have a two years lock-up on purchased shares.

The company's purchase of shares will start 1st June 2015. The purchase price

and the number of shares acquired by the company will be reported in accordance

with the applicable regulations. Employees will be allocated shares at the

purchase price, adjusted for the discount.

Order of shares by employees that are primary insiders

Attached to this release is a list of employees that are primary insiders and

that have ordered shares pursuant to the Share savings scheme for 2015. The

ordered amount disclosed is the total amount for 2015 per primary insider. The

purchase price and the number of shares allocated will be reported when

allocation is done.

Background

At the annual general meeting on 29 April 2015, the general meeting authorized

the Board to acquire shares on behalf of the company with a total par value of

up to NOK 500,000, i.e. up to 500,000 shares. The minimum and maximum amounts

that can be paid per share were set at NOK 10 and NOK 150, respectively. Shares

now purchased in accordance with the authorisation can only be used for sale and

transfer to employees of Entra as part of the Group's share savings scheme as

approved by the Board. The authorisation is valid until the next annual general

meeting, however no longer than until 30 June 2016.

-- Entra is one of Norway's leading real estate companies with a portfolio of

1.3 million sqm of flexible and environment friendly, high-quality office

buildings in central locations close to public transportation hubs in Norway's

largest cities.-

Oslo, 28 May 2015

Entra ASA

Corporate Communication

For further queries please contact: Tone Omsted, Head of Investor

Relations, tel: +47 982 28 510, email: tom@entra.no

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1924425]