Northern Logistic Property ASA - CEO resigns

8 juni 2010 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) [HUG#1422394]