NEAS ASA (OSL:NEAS) NEAS Signs Agreement With Pitney Bowes In Bergen

NEAS ASA (OSL:NEAS) (Lysaker, 18. December 2008): The facility management company NEAS has signed an agreement with Pitney Bowes Norge AS to take over distribution, warehousing and assembly of Pitney Bowes' office and incidental furniture in Hordaland, including Bergen. The agreement is worth around NOK 10 million over two years.

In March 2007, NEAS entered into an agreement with Pitney Bowes in Oslo, Akershus and Buskerud, with an option to extend to among other places Hordaland. The agreement strengthens NEAS' growing activity in Bergen.

"The agreement confirms that Pitney Bowes is very satisfied with the value of the services that we deliver, as well as proving that the outsourcing trend that we have seen for some time is still intact. Pitney Bowes has offices in Oslo, Gjøvik, Tynset, Hamar and Bergen, as well as a nationwide distributor network. Their business footprint therefore corresponds very well with NEAS's own geographical presence; a fact which we believe can provide further business opportunities, says CEO of NEAS, Tor Rønhovde."

The duration of the agreement is two years, starting in January 2009.

For further information: Tor Rønhovde, CEO NEAS, telephone +47 6740 1000

or www.neas.no

About NEAS ASA NEAS is the leading Norwegian specialist in facility management. With its head office at Lysaker outside Oslo, the company has branches in Bergen, Trondheim, Stavanger, Kristiansand, Sarpsborg, Gjøvik, Grenland, Tønsberg and Larvik. The NEAS organisation embraces close to 380 employees.

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

NEAS ASA

http://www.neas.no/

ISIN: NO0010355621

Stock Identifier: XOSL.NEAS