Reference is made to the stock exchange announcement published by KMC Properties
ASA (the "Company") on 16 January 2024 regarding the exercise notice received
from Nordika Blue AB ("Nordika") by which Nordika, through its wholly-owned
subsidiary Flugfiskaren AB, exercised its call option to subscribe for new
shares in the Company at a subscription price of NOK 5.75 per share, for a total
amount of NOK 130,000,002.

Further, reference is made to the announcement on 17 January 2024, whereby the
Company announced that the board of directors had resolved to increase the
Company's share capital with NOK 4,521,739.20 by the issuance of 22,608,696 new
shares. 

The share capital increase has today been registered with the Norwegian Register
of Business Enterprises (Nw.: Foretaksregisteret). Following the registration,
the Company's share capital is NOK 83,347,655.20, divided into 416,738,276
shares, each with a nominal value of 0.20.

For further information, please contact:
Kristoffer Holmen, CFO tel. +47 92 81 48 62

About KMC Properties ASA 

KMC Properties is an Oslo Børs-listed real estate company focusing on industrial
and logistic properties. The company has a diversified portfolio of properties
in the Nordics, Belgium, Germany and the Netherlands. The properties are
strategically located and have long lease agreements with solid tenants.  KMC
Properties has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives.  

This information is subject to disclosure requirements pursuant to Section 5-12
in the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange