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KMC Properties ASA Director's Dealing 2016

May 4, 2016

Director's Dealing

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Storm Real Estate ASA - mandatory notification of trade

Reference is made to the notification on 04/05/2016

regarding Storm Real Estate ASA's sale of shares in TK

Development A/S.

Aconcagua Management Ltd, owned by board member Morten E.

Astrup, has as part of this transaction purchased 1,269,800

shares in TK Development at a price of DKK 6.25 per share.