Storm Real Estate ASA - Sold shares in TK Development A/S

Reference is made to the notification on 02/05/2016
regarding sale of the company's shares in TK Development
A/S.

Storm Real Estate ASA has today sold the entire holding of
10,865,175 shares in TK Development A/S at DKK 6.25 per
share.

Due to the size of the transaction, the company will issue a
Detailed Announcement, cf Oslo Stock Exchange Continuing
Obligations section 3.4.

For further information please contact:


Erik M Mathiesen
CEO
Phone: (+44) 207 409 3375
E-mail: erik@stormcapital.co.uk

Einar Pedersen
CFO
Phone: (+44) 207 409 3369
E-mail: einar@stormcapital.co.uk