Northern Logistic Property ASA (OSL:NLPR) Northern Logistic Property Finalizes The Acquisition Of Five Properties

Northern Logistic Property ASA (OSL:NLPR) (Oslo, 2 October 2008 - Northern Logistic Property ASA)

Northern Logistic Property ASA refers to press releases dated 18 July 2008 and 12 August 2008 regarding the purchase of five logistic properties in Sweden. As earlier announced the expected closing date for the transaction was 1 October 2008 and the Company announces that the acquisition is now finalized as per this date.

About Northern Logistic Property ASA

Northern Logistic Property ASA is a leading pure-play logistic property company based in Northern Europe. The company has after this acquisition a property portfolio consisting of 24 advanced logistic properties located in larger and regional cities in Sweden and Denmark, with a total lettable area of approximately 803,000 sq.m. See also www.nlpasa.com.

For further information:

Per Gunnar Rymer, CEO + 47 907 77 627 email: per.gunnar.rymer@nlpasa.com



LINK: http://hugin.info/137677/R/1256211/273966.pdf

Northern Logistic Property ASA

http://www.nlpasa.com/

ISIN: NO0010329394

Stock Identifier: XOSL.NLPR