KMC Properties ASA

Director's Dealing • Jun 4, 2014

Storm Real Estate ASA - mandatory notification of trades

Storm Real Estate ASA - mandatory notification of trades

Aconcagua Management Ltd, controlled by board member

Morten E. Astrup, has on 03/06/2014 purchased 151,971

shares in Storm Real Estate ASA at a price of NOK

17.30.

Storm Nordic Fund has on 03/06/2014 sold 57,971 shares

at a price of 17.30 NOK.

Storm Nordic Fund is managed by Storm Capital

Management Ltd, who also manages Storm Real Estate

ASA.

The total number of shares controlled by Morten E.

Astrup via managed funds and companies now totals

4,410,306 shares (24.0%).

For further information, please contact:

Morten E. Astrup

Storm Capital Management Ltd.

morten@stormcapital.co.uk

Phone: +44 (0) 7778 888 000

Erik Mathiesen

Storm Capital Management Ltd.

erik@stormcapital.co.uk

Phone: +44 (0) 207 409 3375