Storm Real Estate ASA - mandatory notification of trade

Storm Capital Partners Ltd (previously Surfside
Ventures Ltd), owned by primary insiders Morten E.
Astrup and Erik M. Mathiesen, have on 28 August
2014 bought 40,000 shares in Storm Real Estate ASA
at a price of 16.50 NOK per share.

- Sisu Holding AS, owned by Erik M. Mathiesen, has
sold 20.000 shares to Storm Capital Partners Ltd.
- Acongagua Management Ltd, owned by Morten E.
Astrup, has sold 20.000 shares to Storm Capital
Partners Ltd.

Holdings after this:
- Storm Capital Partners Ltd's holding after this
is 160,223 shares.
- Sisu Holding AS' holding after this is 49,316
shares.
- The total number of shares controlled by Morten
E. Astrup via managed funds and companies now
totals 4,340,306 shares (23.7%).

For further information, please contact:

Morten E. Astrup
Storm Capital Management Ltd.
morten@stormcapital.co.uk
Phone: +44 (0) 7778 888 000

Erik Mathiesen
Storm Capital Management Ltd.
erik@stormcapital.co.uk
Phone: +44 (0) 207 409 3375