Pioneer Property Group ASA

Notice of Dividend Amount • Sep 28, 2015

The extraordinary general meeting approves dividend payments

The extraordinary general meeting approves dividend payments

The extraordinary general meeting approved Pioneer

Property Group ASA's interim accounts and the

board's statement for the period ending 30 June 2015 and

approved a dividend of NOK 2.73801 per preference share

to the owners of preference shares as set out in the

company's shareholders register in the Central Securities

Depository (VPS) at the end of 30 September 2015 ("record

date"). This means that the last day the preference

shares are traded including the right to this dividend is

today, 28 September 2015, and the first day the

preference shares are traded exclusive the right to this

dividend is on 29 September 2015 ("ex-date").

The extraordinary general meeting also approved a

dividend of NOK 1.87500 per preference share to the

owners of preference shares as set out in the company's

shareholders register in the Central Securities

Depository (VPS) at the end of 30 December 2015 ("record

date"). This means that the last day the preference

shares are traded including the right to this dividend is

28 December 2015, and the first day the preference shares

are traded exclusive the right to this dividend is on 29

December 2015 ("ex-date").

The extraordinary general meeting also resolved an

authorisation to the board to acquire own preference

shares.

Please find enclosed the complete minutes of the

extraordinary general meeting.

Enquiries

Martin P. Hoff, CFO - +47 47214721

www.pioneerproperty.no