3/6/2012

At an Extraordinary General Meeting of Fornebu Utvikling ASA held today on 6 March 2011, it was resolved to apply for a de-listing of the company's shares on Oslo Børs.  

For further information, please contact:

CEO Morten Grongstad, tel.: +47 99 15 39 05

CFO Gisle Glück Evensen, tel: +47 91 80 05 66

About Fornebu Utvikling ASA:

Fornebu Utvikling (FBU) is a Norwegian real estate company listed on the Oslo Stock Exchange. The Group develops and sells attractive housings of high quality. Currently, the Group has development projects at Fornebu outside Oslo (Norway) and in Odense (Denmark).

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