Scandinavian Property Development ASA (OSL:SPDE) Invitation To Presentation And Webcast Of Q3 2008

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.

The presentation will be held in Oslo at Thon Hotel Vika Atrium, Munkedamsveien 45. We invite investors, analysts and media to attend the presentation.

Location: Thon Hotel Vika Atrium, Munkedamsveien 45, Oslo, Norway - meeting room "Nyland" Date: November 6, 2008 Time: 08:30

Webcast: The presentation will be broadcast live on www.spde.no, www.oslobors.no/webcast and via HegnarTV on www.hegnar.no

For further information on SPDE and contact information, please go to our website: www.spde.no

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Scandinavian Property Development ASA

http://www.scandinavianpropertydevelopment.no

ISIN: NO0010354269

Stock Identifier: XOSL.SPDE