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Regulatory press release

KMC Properties - Shareholding disclosure and mandatory notification of trade

KMC Properties
Nordika Blue AB ("Nordika") has today, 17 February, sold 295,955 shares in KMC
Properties ASA ("KMC Properties"), resulting in Nordika holding 62,312,741
shares, which corresponds to 14.95 percent of the total outstanding shares of
the Company. As a result, Nordika has crossed below the 15 percent threshold.

Nordika Förvaltning AB is as the manager the disclosing party on an aggregated
level and the controlling entity of Nordika. The shares are effectively held by
Flugfiskaren AB, a subsidiary of Nordika.

Nordika is represented on the KMC Properties' board of directors and is a close
associate to Jonas Grandér, a board member and primary insider at KMC
Properties.

For further details about the transaction, please refer to the enclosed forms.

This information is subject to the disclosure requirements of Regulation EU
596/2014 (MAR) article 19 number 3 and sections 4-2 and 5-12 of the Norwegian
Securities Trading Act.
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