Entra ASA : Board proposing semi-annual dividend payments, authorisation to purchase own shares and new board members for the AGM

Reference is made to the Notice of Annual General Meeting in Entra ASA
distributed to shareholders today.

Entra has a very stable cash flow with a high degree of predictability. The
Board of Directors therefore proposes that the AGM authorises the Board of
Directors to pay dividends on a semi-annual basis.

For dividends payable based on the 2015 financial accounts, this implies that
the proposed NOK 3 per share dividend will be paid out on 10 May 2016 as
communicated. In addition, a dividend calculated as 60 % of the Cash Earnings
for the first half year of 2016 will be paid out in the autumn of 2016, thus
representing a higher dividend pay-out ratio for the transition year. For FY
2016 the plan would be to pay out 60 % of Cash Earnings for the second half of
2016 in the spring 2017 and to pay out 60 % of Cash Earnings for the first half
of 2017 in the autumn of 2017.

The Board of Directors furthermore proposes that the AGM gives the Board of
Directors an authorisation to acquire shares in Entra ASA in the market for
subsequent cancellation. The Board of Directors requests the general meeting to
authorise repurchase of the company's shares with a combined nominal value of up
to NOK 3,674,649, corresponding to 2% of the outstanding shares, up to a maximum
purchase total price of NOK 300 million.

The current shareholder-elected Board members are up for election and the
nomination committee propose election of the following Board members to the AGM:

+------------------------+---------------+---------------+---------------+
|Name (born): |Board position:|New/re-elected:|Functioning to:|
+------------------------+---------------+---------------+---------------+
|Siri Hatlen (1957) |Chair |Re-elected |2018 |
+------------------------+---------------+---------------+---------------+
|Kjell Bjordal (1953) |Board member |Re-elected |2018 |
+------------------------+---------------+---------------+---------------+
|Arthur Sletteberg (1960)|Board member |Re-elected |2018 |
+------------------------+---------------+---------------+---------------+
|Katarina Staaf (1967) |Board member |New |2018 |
+------------------------+---------------+---------------+---------------+
|Widar Salbuvik (1958) |Board member |New |2018 |
+------------------------+---------------+---------------+---------------+

For further information see the Nomination Committee's recommendation to the AGM
on www.entra.no

For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559,
email: ao@entra.no

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



[HUG#2000928]