Reference is made to the stock exchange announcement made by KMC Properties ASA
(the "Company" or "KMC Properties") on 14 June 2024 regarding the proposed
combination of the Company and Logistea AB (publ.) ("Logistea") and the stock
exchange announcement made on 22 October 2024 whereby the board of directors
called for an extraordinary general meeting of the Company to, inter alia,
resolve on the second distribution of consideration shares in Logistea as
dividend in kind to the shareholders of the Company.  Furthermore, reference is
made to the stock exchange announcement made on 23 October 2024 regarding key
information relating to the dividend in kind and to the stock exchange
announcement made on 7 November 2024 regarding updated key information relating
to the dividend in kind. 

Updated key information related to the dividend in kind is set out below.

Dividend amount: A-shares and B-shares in Logistea for a total amount of maximum
NOK 1,354,009,465.93. If the total value of the Company's A-shares and B-shares
in Logistea at the payment date equals a lower amount than NOK 1,354,009,465.93,
assets for the lower amount shall be distributed. If the distribution had been
made today, the value of the distributed assets would have been NOK
1,212,281,029.80 (i.e. NOK 2.91 per share in the Company). It should be noted
that the value of the assets to be distributed will fluctuate with the share
price for the Logistea A-shares and B-shares at Nasdaq Stockholm and the SEK/NOK
exchange rate, and the value of the distribution may accordingly be higher or
lower than today's amount.
Announced currency: NOK
Last day including right: 12 November 2024
Ex-date: 13 November 2024
Record date: 14 November 2024
Payment date: On or about 22 November 2024 for the second distribution shares
and on or about 22 November 2024 for the Norwegian Depository Receipts
Date of approval: 12 November 2024


For more information, please contact: Christian Linge, former CFO of the
Company, tel. +47 466 37 846, email: christian.linge@kmcp.no.

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