Per Gunnar Rymer has informed the Board of Directors that he is resigning from the position as Chief Executive Officer of Northern Logistic Property ASA to take up a similar position in Faktor Eiendom ASA. The Board of Directors regrets that Per Gunnar Rymer is leaving the company and will immediately start the process of recruiting a new CEO for the company. Rymer has a 6 month notice period and this gives the Board of Directors adequate time to find a good candidate for the position.

For additional information, contact:

Per Kumle, Chairman of the Board

Northern Logistic Property ASA

Tlf: +47 918 03 963

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)