NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL

Oslo, 22. desember 2020

Det vises til børsmelding publisert av Storm Real Estate ASA ("Selskapet") 14.
desember 2020 vedrørende gjennomføring av rettet plassering på NOK 300 millioner
("Emisjonen") og allokering av 42 857 142 nye aksjer.

Aksjekapitalforhøyelsen knyttet til utstedelsen av de 42 857 142 nye aksjene er
i dag vedtatt og registrert i Foretaksregisteret. Selskapets registrerte
aksjekapital utgjør etter dette NOK 46 438 776,60, fordelt på 232 193 883 aksjer
hver pålydende NOK 0,20.

Oppgjør for de nye aksjene forventes å være rundt 23. desember 2020 gjennom
levering-mot-betaling (DVP), fasilitert gjennom en avtale om forskuttering
mellom Selskapet og Tilretteleggerne.

De nye aksjene vil plasseres på separat ISIN (ISIN NO 0010915101) og vil ikke
være omsettelige på Oslo Børs i påvente av (i) utløp av tilbudsperioden under
det pliktige tilbudet beskrevet i børsmeldingene publisert 17. november 2020 og
22. desember 2020 (det "Pliktige Tilbudet") og (ii) godkjenning av et prospekt
som vil publiseres av Storm Real Estate. De nye aksjene omfattes ikke av det
Pliktige Tilbudet, og investorer som ble allokert aksjer i Emisjonen vil ikke
kunne selge disse aksjene som del av det Pliktige Tilbudet. De nye aksjene er
forventet å kunne omsettes på Oslo Børs innen slutten av januar 2021. 

ABG Sundal Collier ASA og DNB Markets, en del av DNB Bank ASA er tilretteleggere
(sammen «Tilretteleggerne») i forbindelse med Emisjonen.

For ytterligere informasjon, kontakt:

Charlotte Knudsen, tel. +47 9756 1959
Kristoffer Holmen, tel. +47 928 14 862

Om Storm Real Estate ASA

Storm Real Estate ASA er et investeringsselskap basert i Norge som er aktiv i
sektoren for næringseiendom. Selskapet er notert på hovedlisten på Oslo Børs
(ticker: STORM)

Om KMC Properties AS

KMC Properties er et eiendomsselskap som fokuserer på eiendom innfor industri-
og logistikksektoren. Selskapet har en diversifisert eiendomsportefølje som
består av 39 eiendommer i Norden og i Nederland. Eiendommene har lange
leiekontrakter (gjennomsnitt (WAULT) på ca. 11,8 år) med solide leietakere,
strategisk lokalisert for nøkkelkunder og nøkkelområder for leietakerne. KMC
Eiendom har en porteføljeverdi på ca. NOK 3 milliarder og en ambisiøs
vekststrategi. Selskapet vil vokse både gjennom utvidelse og gjennom utvikling
av eksisterende portefølje, samt gjennom initiativer knyttet til oppkjøp og
fusjoner.

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

Important Notices 

This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions. 

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering or their
securities in the United States or to conduct a public offering of securities in
the United States. Any sale in the United States of the securities mentioned in
this announcement will be made solely to "qualified institutional buyers" as
defined in Rule 144A under the Securities Act.

In any member state of the EEA ("EEA Member State"), this communication is only
addressed to and is only directed at qualified investors in that Member State
within the meaning of the Prospectus Regulation, i.e., only to investors who can
receive the offer without an approved prospectus in such EEA Member State. The
expression "Prospectus Regulation" means Regulation 2017/1129 as amended
together with any applicable implementing measures in any Member State. 

This communication is only being distributed to and is only directed at persons
in the United Kingdom that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only for
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so. 

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this announcement are
based upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, these assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond its control.


Actual events may differ significantly from any anticipated development due to a
number of factors, including without limitation, changes in investment levels
and need for the Company's services, changes in the general economic, political
and market conditions in the markets in which the Company operate, the Company's
ability to attract, retain and motivate qualified personnel, changes in the
Company's ability to engage in commercially acceptable acquisitions and
strategic investments, and changes in laws and regulation and the potential
impact of legal proceedings and actions. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The Company does not provide any guarantees that the
assumptions underlying the forward-looking statements in this announcement are
free from errors nor does it accept any responsibility for the future accuracy
of the opinions expressed in this announcement or any obligation to update or
revise the statements in this announcement to reflect subsequent events. You
should not place undue reliance on the forward-looking statements in this
announcement.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement.

Neither of the Joint Bookrunners nor any of their respective affiliates makes
any representation as to the accuracy or completeness of this announcement and
none of them accepts any responsibility for the contents of this announcement or
any matters referred to herein.

This announcement is for information purposes only and is not to be relied upon
in substitution for the exercise of independent judgment. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities in the Company. Neither the Joint
Bookrunners nor any of their respective affiliates accepts any liability arising
from the use of this announcement.

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