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Northern Logistic Property ASA has decided to carry out share buy back limited to 10,000 shares
In accordance with the authorisation to the Board of Directors to acquire the company's own shares, as resolved on the general meeting on 15 May 2008, the Board of Directors of Northern Logistic Property ASA (NLP) has resolved to carry out a share buy back programme and authorised the management to purchase up to 10,000 shares.
The shares shall be used for remuneration to the members of the Board according to resolution on the general meeting on 15 May 2008.
The buy back programme will be carried out as of today and no longer than until the annual general meeting in 2009 (30 June 2009 at the latest).
The highest share price to be paid for acquisition of own shares is NOK 150 per share, but the price shall not be higher than the price of the last independent trade or the highest current independent bid price on the Oslo Stock Exchange. The maximum number of shares that may be purchased per day is 4,730, which is 50 % of average daily volume traded on the Oslo Børs in June 2008.
This notice is not an offer to sell or a solicitation of an offer to buy any of the securities described herein, and is not for distribution to United States news services or for dissemination in the United States or elsewhere where such dissemination is not appropriate or lawful.
