Strategic interest in Entra - update from the Board of Directors

18.12.2020 18:00:29 CET | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state

The board of directors (the "Board") of Entra ASA (the "Company") refers to the
announcement made today by Castellum Aktiebolag (publ) ("Castellum") regarding a
revised intended voluntary offer for the Company's shares.

"The Board appreciates the continued interest in Entra shown by Castellum, and
notes the significant improvement in the financial terms proposed relative to
Castellum“s earlier proposal. The Board will, with the assistance of its
advisors, diligently consider the offer. A further announcement will be made by
the Board when appropriate" says Siri Hatlen, chair of the Board.

Shareholders are advised to refrain from taking any action in respect of their
shares in the Company which may be prejudicial to their interests, and to
exercise caution when dealing in the shares of the Company. There can be no
certainty that any offer will be made.

For queries, please contact:

Siri Hatlen, Chair of the Board of Directors, + 47 91744863,
siri.hatlen@gmail.com

Sonja Horn, CEO, +47 90568456, sh@entra.no

Anders Olstad, CFO, +47 90022559, ao@entra.no

DISCLAIMER

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

ATTACHMENTS

* Download announcement as PDF.pdf
[https://kommunikasjon.ntb.no/ir-files/16126567/221/263/Download%20announceme
nt%20as%20PDF.pdf]