Mandatory notification of trade / Shareholder disclosure

Norlandia Care Group AS, a company controlled by Kristian
and Roger Adolfsen, has today sold 4.849 preference shares
in Pioneer Property Group ASA at an average price of NOK
101.00. As a result, Norlandia Care Group AS will decrease
its holding of preference shares from 99,369 to 94,520.
Roger Adolfsen holds the position as Chairman of the Board
of Pioneer Property Group ASA and is defined as primary
insider subject to disclosure duties under the Norwegian
Securities Trading Act Section 4-2.