Technopolis - Company Announcement

Technopolis Closes Oslo Acquisition

TECHNOPOLIS PLC      STOCK EXCHANGE RELEASE      December 11, 2013, at 2:00 p.m.


Technopolis Closes Oslo Acquisition

Technopolis has today completed an office campus acquisition in Fornebu in the
Greater Oslo area, Norway. The campus was acquired by a joint venture (JV) of
which Technopolis Plc owns 70% and the seller, IT Fornebu Properties AS (ITFP),
owns 30%. Technopolis announced the signing of the deal on October 11, 2013. 

The total value of the office campus is NOK 1.8 billion (approximately EUR 220
million). Technopolis announced on October 31, 2013 that is negotiating with
Ilmarinen Mutual Pension Insurance Company about selling it a 19% share in the
Fornebu campus. Co-investment negotiations with Ilmarinen are still in
progress. 

The net initial yield for the campus is expected to be 6.7%, and the stabilized
yield is expected to exceed 7.7%. The current net market yield of the property
is 6.4%. 

For further information about the campus, please visit:
www.technopolis.fi/fornebu-en. 

Technopolis Plc

Keith Silverang
CEO
Tel. +358 40 566 7785

Sami Juutinen
Director, International Operations
Tel. +358 40 484 7487


About Technopolis

Technopolis Plc is a listed real estate company that specializes in leasing
space and providing services. Its core business idea is to combine business
support services with modern, flexible, multi-user business environments. There
are approximately 26,000 people and almost 1,400 companies and organizations inTechnopolis premises in Finland, Russia, Estonia, Lithuania and Norway. The
company's net sales for 2012 totaled EUR 107.3 million and its EBITDA was EUR
55.8 million. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX
Helsinki. 

Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi