Entra

Regulatory Filings • Oct 17, 2014

ENTRA - ALLOCATION TO PRIMARY INSIDERS

ENTRA - ALLOCATION TO PRIMARY INSIDERS

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED

STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE

PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN

WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE

APPLICABLE. PLEASE SEE THE IMPORTANT INFORMATION AT THE END OF THE ANNOUNCEMENT.

Oslo, 17 October 2014. Reference is made to the final results of the initial

public offering (the "Offering") of the shares of Entra ASA ("Entra", the

"Company", OSE ticker code: "ENTRA") announced earlier today.

The following primary insiders of Entra have been allocated shares at a price of

NOK 65 per share in accordance with the terms set out in the prospectus dated 3

October 2014:

* Siri Beate Hatlen (Chair of the Board of Directors) has been allocated

1,091 shares in the Offering and will thus own 1,091 shares in Entra

following completion of the Offering

* Martin Mæland (Vice Chair of the Board of Directors) has been allocated

2,183 shares in the Offering and will thus own 2,183 shares in Entra

following completion of the Offering

* Arthur Sletteberg (member of the Board of Directors) has been allocated 727

shares in the Offering and will thus own 727 shares in Entra following

completion of the Offering

* Ingrid Therese Tjøsvold (member of the Board of Directors) has been

allocated 437 shares in the Offering and will thus own 437 shares in Entra

following completion of the Offering

* Kjell Bjordal (member of the Board of Directors) has been allocated 14,551

shares in the Offering and will thus own 14,551 shares in Entra following

completion of the Offering

* Klaus-Anders Nysteen (Chief Executive Officer) has been allocated 9,230

shares in the Offering and will thus own 9,230 shares in Entra following

completion of the Offering

* Arve Regland (Chief Financial Officer) has been allocated 9,230 shares in

the Offering and will thus own 9,230 shares in Entra following completion of

the Offering

* Hege Njå Bjørkmann (Executive Vice President Communication) has been

allocated 2,307 shares in the Offering and will thus own 2,307 shares in

Entra following completion of the Offering

* Hallgeir Østrem (Executive Vice President Legal) has been allocated 3,846

shares in the Offering and will thus own 3,846 shares in Entra following

completion of the Offering

* Sonja Horn (Executive Vice President Central Oslo) has been allocated 3,846

shares in the Offering and will thus own 3,846 shares in Entra following

completion of the Offering

* Mona Aarebrot (Executive Vice President Greater Oslo) has been allocated

4,615 shares in the Offering and will thus own 4,615 shares in Entra

following completion of the Offering

* Jorunn Nerheim (Executive Vice President South/West Norway) has been

allocated 1,538 shares in the Offering and will thus own 1,538 shares in

Entra following completion of the Offering

* Karl Fredrik Torp (Executive Vice President Mid/North Norway) has been

allocated 2,153 shares in the Offering and will thus own 2,153 shares in

Entra following completion of the Offering

* Anders Solaas (Executive Vice President Sales and Markets) has been

allocated 461 shares in the Offering and will thus own 461 shares in Entra

following completion of the Offering

* Kristin Haug Lund (Executive Vice President Development & Technology) has

been allocated 4,615 shares in the Offering and will thus own 4,615 shares

in Entra following completion of the Offering

* Tone Kristin Omsted (Investor Relation Manager) has been allocated 2,307

shares in the Offering and will thus own 2,307 shares in Entra following

completion of the Offering

* Kristian Rosander Hafsteen (Head of Group Accounting) has been allocated

2,307 shares in the Offering and will thus own 2,307 shares in Entra

following completion of the Offering

* Torstein Hellen Håland (Group Controller) has been allocated 769 shares in

the Offering and will thus own 769 shares in Entra following completion of

the Offering

* Eline Gedde-Dahl (CEO Advisor) has been allocated 2,307 shares in the

Offering and will thus own 2,307 shares in Entra following completion of the

Offering

* Birthe Helén Smedsrud Skeid (member of the Board of Directors) has been

allocated 2,307 shares in the Offering and will thus own 2,307 shares in

Entra following completion of the Offering

* Frode Erland Halvorsen (member of the Board of Directors) has been allocated

230 shares in the Offering and will thus own 230 shares in Entra following

completion of the Offering

For further queries, please contact:

Arve Regland, CFO

Entra ASA

Tel: +47 479 07 700

Email: arve.regland@entra.no

About Entra

Entra is a leading owner, manager and developer of office properties in Norway.

Entra owns and manages approximately 1.3 million square meters, divided among

107 buildings, primarily located in Oslo and the surrounding region, Bergen,

Stavanger and Trondheim. As of 30 June 2014, the market value of the property

portfolio was approximately NOK 27 billion.

IMPORTANT INFORMATION

United States

These materials may not be published, distributed or transmitted in the United

States, Canada, Australia, the Hong Kong Special Administrative Region of the

People's Republic of China, South Africa or Japan. These materials do not

constitute an offer of securities for sale or a solicitation of an offer to

purchase securities (the "Shares") of Entra ASA (the "Company") in the United

States, Norway or any other jurisdiction. The Shares of the Company may not be

offered or sold in the United States absent registration or an exemption from

registration under the U.S. Securities Act of 1933, as amended (the "Securities

Act"). The Shares of the Company have not been, and will not be, registered

under the Securities Act. Any sale in the United States of the securities

mentioned in this communication will be made solely to "qualified institutional

buyers" as defined in Rule 144A under the Securities Act.

European Economic Area

Any offering of securities will be made by means of a prospectus to be published

that may be obtained from the issuer or selling security holder, once published,

and that will contain detailed information about the Company and its management,

as well as financial statements.

These materials are an advertisement and not a prospectus for the purposes of

Directive 2003/71/EC, as amended (together with any applicable implementing

measures in any Member State, the "Prospectus Directive"). Investors should not

subscribe for any securities referred to in these materials except on the basis

of information contained in the prospectus.

In any EEA Member State other than Norway (from the time the prospectus has been

approved by the Financial Supervisory Authority of Norway, in its capacity as

the competent authority in Norway, and published in accordance with the

Prospectus Directive as implemented in Norway) that has implemented the

Prospectus Directive, this communication is only addressed to and is only

directed at "qualified investors" in that Member State within the meaning of

Article 2(1)(e) of the Prospectus Directive ("Qualified Investors"), i.e., only

to investors to whom an offer of securities may be made without the requirement

for the Company to publish a prospectus pursuant to Article 3 of the Prospectus

Directive in such EEA Member State.

United Kingdom

In the United Kingdom, these materials are only being distributed to and are

only directed at Qualified Investors who (i) are investment professionals

falling within Article 19(5) of the Financial Services and Markets Act 2000

(Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons

falling within Article 49(2)(a) to (d) of the Order (high net worth companies,

unincorporated associations, etc.) (all such persons together being referred to

as "Relevant Persons"). These materials are directed only at Relevant Persons

and must not be acted on or relied on by persons who are not Relevant Persons.

Any investment or investment activity to which this document relates is

available only to Relevant Persons and will be engaged in only with Relevant

Persons.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1863767]