Entra

Regulatory Filings • Feb 15, 2016

Entra ASA : Lease contract with BI Norwegian Business School for new-build project in Trondheim

Entra ASA : Lease contract with BI Norwegian Business School for new-build project in Trondheim

Entra has today signed a lease contract with BI Norwegian Business School for a

new-built business school at Brattørkaia 16 in Trondheim. When finalised, the

property will be 8,350 square meters, fully let to BI Norwegian Business School

on a 20 year lease.

"We are very excited about the opportunity to build a new campus for BI

Norwegian Business School. Together we have planned for a flexible, environment

friendly building at one of the best land plots in Trondheim. The students will

bring life and activity to the area and thus further enhance the attractiveness

of Brattørkaia" says CEO Arve Regland in a comment.

Brattørkaia is an old seafront harbour area, which Entra has transformed into a

prime office and culture area in central Trondheim. Brattørkaia 16 has high

environmental ambitions and the project aims for a BREEAM Excellent

classification. Construction will commence in January 2017 and the project will

be finalised in the summer 2018.

"Trondheim is an important student city with proud traditions where BI Norwegian

Business School - campus Trondheim has been located since 1985. In order to

provide the best possible learning environment for all our students, we have

chosen to co-operate with Entra and move to Brattørkaia. It is important for us

that all BI campuses in Oslo, Bergen, Trondheim and Stavanger hold the same

excellent standard" says President of BI Norwegian Business School, Inge Jan

Henjesand

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

+47 479 07700, email: ar@entra.no

About Entra

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

Entra owns and manages around 100 properties totalling approximately 1.2 million

square meters. The portfolio is primarily located in Oslo and the surrounding

region, Bergen, Stavanger and Trondheim.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1986136]