Hospitality Invest AS has today completed a new senior unsecured bond issue of
NOK 700 million, with 3 years tenor. An application will be made for the bonds
to be listed on the Oslo Stock Exchange. The net proceeds from the contemplated
new bond issue will be utilized to refinance HOIN02 (NO0010808835) in full by
way of utilizing the call option under such bond.
                 
ABG Sundal Collier ASA and Pareto Securities AS acted as managers in connection
with the placement of the bond.

For further information, please contact: 
Roger Adolfsen (CEO): +47 98 22 25 00 
Kristoffer Lorck (CFO): +47 93 02 88 18

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© Oslo Bors ASA, source Oslo Stock Exchange