Pioneer Property Group ASA

Notice of Dividend Amount • Feb 26, 2016

Key information relating to the Q1 PPG PREF dividend

Key information relating to the Q1 PPG PREF dividend

Below is key information relating to the proposed dividend

to holders of preference shares in Pioneer Property Group

ASA, to be approved at the Company's Annual General Meeting

18th March 2016.

Dividend amount: 1.87500 per preference share

Declared currency: Norwegian Krone

Last day including right: 29. March

Ex-date: 30. March

Record date: 31. March

Payment date: As of 4. April

Date of approval: 18. March (AGM)

Inquiries:

Martin P. Hoff

CFO

+47 47214721

martin@pioneerproperty.no