Entra — M&A Activity 2016

Mar 11, 2016

Entra ASA : Sale of the remaining part of the Ringstabekk project in Bærum

Entra ASA : Sale of the remaining part of the Ringstabekk project in Bærum

Entra has sold approximately 5,570 sqm of commercial premises and the eight

remaining apartments at Ringstabekk in Bærum. The transaction is based on a

property value of NOK 114 million, which is close to current book values in

Entra. The transaction is structured as sale of shares in the company

Ringstabekk AS. Closing will take place on 6 April 2016 at the latest.

The sale is in accordance with Entra's strategy of growth in the largest cities

and to divest non-core assets.

Oslo, 11 March 2016

Entra ASA

For further queries please contact: Arve Regland, CEO Entra ASA, tel:

+47 479 07700, email: ar@entra.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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