Self Storage Group

New share capital registered

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO

THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA OR

JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE

WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE

IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

New share capital registered

Oslo, 26 October 2017: Reference is made to the stock exchange

announcement published on 25 October 2017, in which Self Storage

Group ASA ("SSG" or the "Company", ticker SSG) announced the

successful completion of its initial public offering (the "IPO" or

the "Offering").

The new share capital pertaining to the shares issued by the Company

as part of and in connection with the IPO has now been registered

with the Norwegian Register of Business Enterprises. Following this,

the Company's share capital is now NOK 6,220,957, divided on

62,209,570 shares each with a par value of NOK 0.10.

Arctic Securities AS (the "Manager") is acting as sole global

coordinator and bookrunner in the Offering. Netfonds Bank AS is

acting as placing agent for the retail offering on behalf of the

Manager. Advokatfirmaet Schjødt AS acts as legal counsel for the

Company and Advokatfirmaet CLP DA acts as legal counsel for the

Manager.

Enquiries

Martin Nes, Chairman, +47 92 01 48 14

Cecilie Hekneby, CFO, +47 99 29 38 26

About Self Storage Group

Self Storage Group ASA engages in the business of renting out self

storage units to both private individuals and businesses through the

two concepts; OK Minilager and City Self-Storage. The Group is one

of the leading self storage providers in Scandinavia with a

particularly strong position in the Norwegian market. SSG operates

more than 80 sites across Scandinavia with a total lettable area of

more than 100,000 square meters.

Important Notice

This announcement is not and does not form a part of any offer to

sell, or a solicitation of an offer to purchase, any securities of

the Group in the United States, Norway or any other jurisdiction.

Copies of this announcement are not being made and may not be

distributed or sent into the United States, Australia, Hong Kong,

Canada, Japan, South Africa or any other jurisdiction in which such

distribution would be unlawful or would require registration or

other measures.

The securities referred to in this announcement have not been and

will not be registered under the U.S. Securities Act of 1933, as

amended (the "Securities Act"), and accordingly may not be offered

or sold in the United States absent registration or an applicable

exemption from the registration requirements of the Securities Act

and in accordance with applicable U.S. state securities laws. The

Group does not intend to register any part of the offering in the

United States or to conduct a public offering of securities in the

United States. Any sale in the United States of the securities

mentioned in this announcement will be made solely to "qualified

institutional buyers" as defined in Rule 144A under the Securities

Act.

Any offering of securities will be made by means of a prospectus

that will contain detailed information about the Group and its

management, as well as financial statements.

These materials are an advertisement and not a prospectus for the

purposes of Directive 2003/71/EC, as amended (together with any

applicable implementing measures in any Member State, the

"Prospectus Directive"). Investors should not subscribe for any

securities referred to in these materials except on the basis of

information contained in the prospectus.

In any EEA Member State other than Norway that has implemented the

Prospectus Directive, this communication is only addressed to and is

only directed at "qualified investors" in that Member State within

the meaning of Article 2(1)(e) of the Prospectus Directive

("Qualified Investors"), i.e., only to investors to whom an offer of

securities may be made without the requirement for the Group to

publish a prospectus pursuant to Article 3 of the Prospectus

Directive in such EEA Member State.

This communication is only being distributed to and is only directed

at persons in the United Kingdom that are (i) investment

professionals falling within Article 19(5) of the Financial Services

and Markets Act 2000 (Financial Promotion) Order 2005, as amended

(the "Order") or (ii) high net worth entities, and other persons to

whom this announcement may lawfully be communicated, falling within

Article 49(2)(a) to (d) of the Order (all such persons together

being referred to as "relevant persons"). This communication must

not be acted on or relied on by persons who are not relevant

persons. Any investment or investment activity to which this

communication relates is available only for relevant persons and

will be engaged in only with relevant persons. Persons distributing

this communication must satisfy themselves that it is lawful to do

so.

Matters discussed in this announcement may constitute forward-

looking statements. Forward-looking statements are statements that

are not historical facts and may be identified by words such as

"believe", "expect", "anticipate", "strategy", "intends",

"estimate", "will", "may", "continue", "should" and similar

expressions. The forward-looking statements in this release are

based upon various assumptions, many of which are based, in turn,

upon further assumptions. Although the Group believes that these

assumptions were reasonable when made, these assumptions are

inherently subject to significant known and unknown risks,

uncertainties, contingencies and other important factors which are

difficult or impossible to predict and are beyond its control.

Actual events may differ significantly from any anticipated

development due to a number of factors, including without

limitation, changes in public sector investment levels, changes in

the general economic, political and market conditions in the

Norwegian market, the Group's ability to attract, retain and

motivate qualified personnel, changes in the Group's ability to

engage in commercially acceptable acquisitions and strategic

investments, and changes in laws and regulation and the potential

impact of legal proceedings and actions. Such risks, uncertainties,

contingencies and other important factors could cause actual events

to differ materially from the expectations expressed or implied in

this release by such forward-looking statements. The Group does not

guarantee that the assumptions underlying the forward-looking

statements in this presentation are free from errors nor does it

accept any responsibility for the future accuracy of the opinions

expressed in this presentation or any obligation to update or revise

the statements in this presentation to reflect subsequent events.

You should not place undue reliance on the forward-looking

statements in this document.

The information, opinions and forward-looking statements contained

in this announcement speak only as at its date, and are subject to

change without notice. The Group does not undertake any obligation

to review, update, confirm, or to release publicly any revisions to

any forward-looking statements to reflect events that occur or

circumstances that arise in relation to the content of this

announcement.