Allocation of shares to primary insiders in Northern Logistic Property (NLPR)

(Oslo, 4 December 2009) New shares issued in connection with Northern Logistic Property ASA's rights issue have been allocated to the subscribers. Primary insiders in Northern Logistic Property ASA have been allocated shares at NOK 12.00 according to the list below: Shareholder Shares Number of allocated shares after allocation T. Klaveness Eiendom AS (Unni Tenold) 931,720 3,612,354 Satrap Kapitalforvaltning AB (David 1,554,534 3,816,134 Mindus) Canica AS (Pål Hvammen) 195,648 758,548 Pål Hvammen 1,389 5,389 Merete Myhrstad 779 3,266 Per Gunnar Rymer 6,557 25,425 About Northern Logistic Property ASA Northern Logistic Property ASA is a leading pure-play logistic property company based in the Nordic region. The portfolio consists of 19 advanced logistic properties located in larger and regional cities in Sweden and Denmark, with a total lettable area of approximately 705,000 sq m. See also www.nlpasa.com. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.