KMC Properties ASA - Capital/Financing Update 2017

Storm Real Estate ASA - Key information relating to preferential rights issue

Reference is made to the notice of ordinary general meeting in Storm

Real Estate ASA. The Board has proposed that the general meeting

resolves a rights issue. Key information is included below:

Date on which the terms and conditions of the preferential rights

issue were announced: 20.04.2017

Last day including right: 6 June 2017

Ex-date: 7 June 2017

Record Date: 8 June 2017

Date of approval: 11 May 2017

Maximum number of new shares: between 1 and 70.000.000*

Subscription price: Between NOK 0,40 and NOK 5

Will the rights be listed - yes/no: Yes

Other information (optional): The board is in the process of

establishing a guarantee consortium for the rights offering and will

update the proposal in the notice both with respect to the

subscription price and the number of shares within the interval if

this is determined prior to the general meeting.

This information is published in accordance with the requirements of

the Continuing Obligations.

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