Scandinavian Property Development ASA

Scandinavian Property Development ASA (OSL:SPDE) Scandinavian Property Development ASA has announced its financial results for 32 2008.

Scandinavian Property Development ASA (OSL:SPDE) Scandinavian Property Development (SPDE) has hired Anne Grete Ellingsen in a newly established position as Director of Communications. Ms. Ellingsen will be responsible for communications and marketing, and will be part of the company's management team.

Scandinavian Property Development ASA (OSL:SPDE) Scandinavian Property Development ASA (SPDE) will present the financial results for the third quarter of 2008 on Thursday November 6 at 08:30.

Scandinavian Property Development ASA (OSL:SPDE) Nina Hammerstad will take over as CFO in SPDE after Are Njåstein from November 1st this year.

Scandinavian Property Development ASA (OSL:SPDE) Hans Edvardsen (52) joins SPDE as a director, and will begin from December 1st this year. Edvardsen will become part of the company's management team, where his responsibilities will include the company's different support functions. In addition, he will support the line management in specific property projects.

Scandinavian Property Development ASA (OSL:SPDE) Scandinavian Property Development ASA (SPDE) has, on behalf of subsidiary company Fornebu Boligspar AS, decided to delay construction start for Storøya (section 6.0) at Fornebu. SPDE will reconsider the question in the spring 2009, regarding a possible construction start in the summer 2009.

Scandinavian Property Development ASA (OSL:SPDE) Scandinavian Property Development ASA has announced its financial results for Q2 2008.

Scandinavian Property Development ASA (OSL:SPD) Kaare Frydenberg will with effect from 1 September 2008 replace Stein Haugbro as CEO of Scandinavian Property Development ASA.

Scandinavian Property Development ASA (OSL:SPD) Scandinavian Property Development ASA (SPDE) will present the financial results for the second quarter of 2008 on Thursday August 21st at 08:30.

Scandinavian Property Development ASA Scandinavian Property Development (SPDE) is extending their loan agreement with Oslo municipality and Storebrand ASA. The new agreement with Oslo municipality postpones the partial payment due on July 1st 2008 of the property loan at Fornebu until October 1st 2009. SPDE also entered into a contract with Storebrand on a term extension of the property loan attached to the building project in Hundsund at Fornebu from June 30 2008 until December 31st 2009.