RomReal :Extraordinary tax claim

As briefly mentioned in the first quarter 2018 report, during the latest routine
tax audit performed at the level of RomReal Romanian subsidiary Westhouse Group,
covering the period 1 January 2011 - 31 December 2016, the tax authorities
reassessed the loans granted by RomReal Ltd. to Westhouse Group as contribution
to share capital instead of inter-company loans. In this respect, the Company
received the tax audit report ("Tax Report") and the corresponding tax
assessment decision ("Tax Decision"), whereby the tax authorities imposed an
extraordinary tax-bill on the Company, in excess of EUR 1.7m (including
penalties), as profit tax for the period covered by the tax audit.



Westhouse Group has retained the services of E&Y Romania and pursued all
available legal means for challenging the effects of such reassessment, in order
to cancel the additional tax liabilities. In addition, the Company has proceeded
with a legal request to Romanian competent Courts, asking the suspension of the
Tax decision, pending the result of the contestation. On 18th July 2018,
Constanta Court of Appeal ordered that no attachments to the bank accounts
and/or lands belonging to Westhouse Group should take place pending the
resolution of the case in front of the Court of Appeal.



For further information please contact:

Harris Palaondas

Investor Relations

investors@romreal.com



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