NEAS ASA (OSL:NEAS) (Lysaker, 30 September 2008): The Facility Management company NEAS has signed a letter of intent with Nordea Liv to execute all management and service functions in their head quarter in Bergen. The agreement is valid for five years including options with an annual base value of more than NOK 5 million.

The office building also includes the head quarter to Skandiabanken, TTS Marine and Kristian Gerhard Jebsens Skipsrederi, which also will be offered a variety of services that NEAS provides

- The agreement is very extensive and we are pleased that Nordea Liv has chosen NEAS as their partner. The agreement is a good illustration of the broad expertise that NEAS possesses. We have great believes that also other tenants will make use of NEAS' services, says CEO Tor Rønhovde.

The services NEAS will offer according to the agreement include management of the building, operation and maintenance, cleaning, canteen, reception services and security services. Start up of the agreement is set to 1. December 2008

For more information, please contact: Tor Rønhovde, Chief Executive Officer, tel. 6740 1000

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, Tønsberg and Larvik as well as at Luleå in northern Sweden. The NEAS organisation embraces more than 360 employees.

or

www.neas.no

NEAS ASA

http://www.neas.no/

ISIN: NO0010355621

Stock Identifier: XOSL.NEAS

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