Oslo, 29 April 2024: Reference is made to the stock exchange announcement made
by Public Property Invest ASA ("PPI" or the "Company") on 25 April 2024,
whereby the Company announced the successful completion of the bookbuilding
period for its initial public offering of shares (the "Offering"), and the
stock exchange announcement on 26 April 2024 informing about the issuance of
in total 136,659,509 new shares in the Company (the "New Shares").

Prior to the Offering and issuance of the New Shares, SBB Samfunnsbygg AS held
32,247,720 shares in PPI, equal to approximately 44.83% of the total number of
issued shares and votes. As a result of the Offering and issuance of the New
Shares, SBB Samfunnsbygg AS has increased its shareholding with 43,383,646
shares to 75,631,366 shares in PPI, equal to approximately 36.26% of the total
number of issued shares and votes. To facilitate for delivery of over-allotted
shares in the Offering, SBB Samfunnsbygg AS has lent out 15,750,000 shares in
PPI to DNB Markets, a part of DNB Bank ASA, acting as stabilisation manager in
the Offering. Due to the share loan, SBB Samfunnsbygg AS' has temporarily
reduced its shareholding to 59,881,366 shares, equal to approximately 28.71%
of the total number of issued shares and votes. SBB Samfunnsbygg AS has no
other rights to shares issued by PPI.

Prior to the Offering and issuance of the New Shares, Sagacia AS held
3,598,320 shares in PPI, equal to approximately 5% of the total number of
issued shares and votes. Sagacia AS did not participate in the Offering, and
as a result Sagacia AS' holding of shares and voting rights in PPI has been
reduced to approximately 1.73%. Sagacia AS has no other rights to shares
issued by PPI.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.