Public Property Invest

New share capital registered

Reference is made to the stock exchange announcement made by Public Property

Invest ASA ("PPI") on 14 October 2024, whereby PPI announced the acquisition

of the property Jærveien 33 in Sandnes city center, and the resolution by

PPI's board of directors to issue new shares as consideration to the sellers

in the transaction.

The share capital increase pertaining to the transaction has been registered

with the Norwegian Register of Business Enterprises. Following the issuance of

the new shares, PPI's share capital is NOK 10,519,682.75 divided into

210,393,655 shares, each with a nominal value of NOK 0.05.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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