Dividends of NOK 1.87500 per preference share - last day inclusive

Reference is made to the stock exchange notice from Pioneer
Property Group ASA (PPG PREF) 18 March 2016 where it was
informed that the general meeting approved a dividend of NOK
1.87500 per preference share to the owners of preference
shares as set out in the company's shareholders register in
the Central Securities Depository (VPS) at 31 March 2016
("record date"). Investors should note that this means that
the last day the preference shares are traded including the
right to this dividend is today, 29 March 2016, and the
first day the preference shares are traded exclusive the
right to this dividend is tomorrow, the 30th March 2016
("ex-date"). The dividend is expected to be received by
shareholders with a Norwegian bank account registered for
dividend payments on 4 April 2016.

Enquiries
Martin P. Hoff, CFO - +47 47214721
www.pioneerproperty.no