Storm Real Estate ASA - Mathiesen increases his holding

Erik M. Mathiesen, CEO in Storm Capital Management
Ltd., has on 13/12/2010 acquired 20,000 shares in
Storm Real Estate ASA. The shares were acquired at
NOK 12.50 per share.

Erik M. Mathiesen's holding after the transaction is
90,625 shares.

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