AS ARIEL INVEST

Real estate activities

Name	Role	Total operating income	Total equity	Shares
A AS ARIEL INVEST	Contact Person	1,050,000	7,590,183	50 % indirectly
J JENSENVARME HOLDING AS	Chairman	-	33,287,641	50 % directly

Name	Share class	Total operating income	Total equity	Share
J JENSENVARME HOLDING AS	Ordinære aksjer	0	33,287,641	50 % directly
A AS ARIEL INVEST		1,050,000	7,590,183	50 % indirectly
W WILJE EIENDOMSUTVIKLING AS		0	1,381,600	16.5 % indirectly
G GRAVDALTOPPEN AS		62,510,000	3,091,947	15 % indirectly
V VIKEN PROSJEKT UTVIKLING AS		0	-239,466	15 % indirectly