Reference is made to the stock exchange announcement published on 16 September
2021 by KMC Properties ASA announcing the completion of a private placement of
37,500,000 new shares in the Company.

As a consequence of the issuance of new shares, one of the majority owners,
Kverva Industrier AS, will pass the threshold of 33.3 per cent ownership in the
Company. Prior to the private placement, Kverva Industrier AS held 34.22 per
cent of the total outstanding shares in KMC Properties. Following registration
of the new shares issued, Kverva Industrier's holding will be 29.62 per cent.

For further information, please contact: 
Charlotte Knudsen, IR and Communications KMC Properties ASA, tel. +47 97561959

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 and the Netherlands, as well as an office building in
Moscow, Russia. 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.

The information is such that KMC Properties ASA is required to disclose in
accordance with the EU Market Abuse Regulation. The information was submitted
for publication, through the agency of the contact person set out above, at
09:00 CET on 17 September 2021.

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