RomReal: First (Q1) Quarter 2013 Financial Results Report and Investor Presentation.

RomReal hereby announces the highlights in connection with the Q1 2013 results:

• Statutory Net Asset Value (NAV) under IFRS was EUR 4.52 (NOK 33.9) per share at the end of Q1 2013, a slight decrease of 1.0% compared to the end of 2012.
• The Company has not made any changes to the land bank portfolio valuation since the year end independent valuation.   
• Pre-tax loss in Q1 2013 of EUR 0.2 million. Total assets at end Q1 2013 were EUR 34.7 million.
• During Q1 2013 the Company finalised the legal documentation for the extension of the Alpha Bank loan in amount of EUR 11.6 million, under the terms and conditions already made public.
• The Company is announcing an offer to buy up to 3,000 shares from each shareholder for a price of NOK 1.5 per share. The offer is made to shareholders based on their shareholdings at the end of 15 May 2013.
• The preparation is under way for a rights issue of an amount of about EUR 1.5 million to secure the required working capital for a limited period going forward, where the shareholders will be given 20 subscription rights per (1) share owned. The prospectus is expected to be made available to investors on or about the 17^th June 2013.

RomReal invites investors, analysts and media to the conference call, to be held tomorrow Thursday 16 May 2013 at 9.00 a.m. Oslo time.

Those who would like to attend the conference call are invited to dial:

Participant Joining Details
UK Freefone:	0800 389 7473
UK Direct:	01296 480 180
International direct:	[phone]
Global Access Numbers:	http://www.btconferencing.com/globalaccess/?bid=54_automated (http://www.btconferencing.com/globalaccess/?bid=54_automated)
Passcode:	958 388#

For further information, please contact:

Harris Palaondas
Investor Relations
Mob: [phone]
E-mail: [e-mail] (mailto:[e-mail])

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

RomReal 1Q2013 Report (http://hugin.info/138565/R/1702376/562493.pdf)
RomReal 1Q2013 Presentation (http://hugin.info/138565/R/1702376/562494.pdf)

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: RomReal via Thomson Reuters ONE

HUG#1702376