NPRO: Buy-back own bonds

Montag, 29.11.2010 08:50 von 

Norwegian Property ASA has bought back NOK 60 millioner (par value) of the own
bond NO 0010564412. The remaining outstanding amount after the buy-back is NOK
175 million which has a margin of 2.75 percent above NIBOR.

The buy-back is part of a balance adjustment following the sale of Norgani
Hotels.


For further information, please contact:

Svein Hov Skjelle, CFO, phone +47 930 555 66



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


[HUG#1466451]








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Source: Norwegian Property ASA via Thomson Reuters ONE

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