Notification on sale of shares in Emerging Europe Commercial Properties

Baltic Sea Properties AS has on Wednesday the 5th of May concluded sale of
46.250 shares in the company Emerging Europe Commercial Properties AS, for an
aggregate amount of NOK 11 296 562,-.

The sale proceeds is equal to the value assumed in BSP´s NAV calculation per 31.12.2020.

For more information, please contact:

Lars Christian Berger
CEO
phone: +47 930 94 319
Lcb@balticsea.no