Entra

Entra ASA : Arve Regland appointed new CEO of Entra

Oslo, 6 May 2015 - The Board of Directors of Entra ASA has appointed Arve

Regland (43) as the company's new Chief Executive Officer (CEO). Mr Regland has

been acting CEO since February this year when the previous CEO Klaus-Anders

Nysteen decided to leave Entra to take up a similar position in Lindorff Group.

"There has been a thorough recruitment process where internal and external

candidates have been assessed. The Board of Directors is very satisfied that

Arve Regland has accepted the position as CEO of Entra", says Chairman of the

Board Siri Hatlen.

"I am very pleased with the confidence the Board of Directors has showed me.

Entra is one of the largest real estate companies in Norway with attractive

properties and exciting new projects in Norway's largest cities. I look forward

to contribute further in the development of Entra together with all my

colleagues", says Arve Regland.

Arve Regland has been Entra's Chief Financial Officer (CFO) since January 2014

and played a key role in the preparations and execution of Entra's successful

IPO in October 2014.

Prior to joining Entra he was partner at ABG Sundal Collier from 2004 to 2014,

where he has broad experience from the real estate sector. Before that he has

been working at Arthur Andersen & Co, Ernst & Young and the Oslo Stock Exchange.

He holds a MSc in Business from BI Norwegian Business School and is State

Authorized Public Accountant from Norwegian School of Economics.

Arve Regland has maintained the position as CFO in his period as acting CEO.

Following today's appointment Entra will start a process to recruit a new CFO.

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

Norway. Entra owns and manages 99 buildings totalling approximately 1.2 million

square meters, primarily located in Oslo and the surrounding region, Bergen,

Stavanger and Trondheim. The market value of the property portfolio is

approximately NOK 28 billion..---

Oslo, 6 May 2015

Entra ASA

Corporate Communication

For more information:

Media: EVP Communication Tom Bratlie, ph.: 905 21 904, mail: [email protected]

Financial market: Head of Investor Relations Tone Omsted, ph.: 982 28 510,

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1919181]

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