NEAS ASA Lysaker, 2 July 2008.

The Facility Management company NEAS has signed a property management agreement with the municipality Larvik Kommune and will as a part of the agreement establish an branch office in the city. The agreement has a total value of approximately NOK nine million and the duration is two years, and with an option of additional two years.

The agreement involves management of 430 units and related services, from minor renovations to large development plans. With the agreement NEAS strengthens the company's workmen presence in the Larvik region and the company becomes able to offer 24/7 assistance in Vestfold.



For further information please contact:

Tor Rønhovde, CEO, NEAS ASA, tel: +47 91 60 62 04

About NEAS ASA NEAS is the leading Norwegian specialist in facility management. With its head office at Lysaker outside Oslo, the company has branches in Bergen, Trondheim, Stavanger, Kristiansand, Sarpsborg, Gjøvik, Tønsberg and Larvik as well as at Luleå in northern Sweden. The NEAS organisation embraces more than 370 employees.

www.neas.no

NEAS ASA

http://www.neas.no/

ISIN: NO0010355621

Stock Identifier: XOSL.NEAS

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