Reference is made to the stock exchange announcements made by KMC Properties ASA
 (the "Company" or "KMC Properties") on 14 June 2024 regarding the proposed
combination of Company and Logistea AB (publ.) ("Logistea") (the "Transaction")
and to the stock exchange announcement made by the Company on 3 July 2024
regarding distribution of shares. Following the completion of the Transaction,
the Company will distribute shares in Logistea as dividend in kind to the
shareholders of the Company. The shareholders have two alternative options with
respect to receipt of the dividend in kind, either by receipt of shares on a
Swedish deposit account (the "First Distribution Shares") or by Norwegian
Depository Receipts (the "NDRs"). Key information related to the dividend in
kind is set out below.

Dividend amount: NOK 6.3949 
Announced currency: NOK
Last day including right: 5 July 2024
Ex-date: 8 July 2024
Record date: 9 July 2024
Payment date: 18 July 2024 for the First Distribution Shares or by end of July
for the NDRs
Date of approval: 5 July 2024

For more information, please contact: 
Christian Linge, Interim CFO, tel. +47 466 37 846

About KMC Properties ASA
KMC Properties is an Oslo Børs-listed real estate company focusing on industrial
and logistic properties. The company has a diversified portfolio of properties
in the Nordics, Belgium, Germany, Poland and the Netherlands. The properties are
strategically located and have long lease agreements with solid tenants.  KMC
Properties has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives.

This announcement is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.