Orava Residential REIT plc STOCK EXCHANGE RELEASE 25 APRIL 2016 AT 9:30 AM THE SHARES SUBSCRIBED IN ORAVA RESIDENTIAL REIT’S DIRECTED SHARE ISSUE HAVE BEEN REGISTERED IN THE TRADE REGISTER AND ARE TO BE TAKEN FOR TRADING ON THE HELSINKI STOCK EXCHANGE Orava Residential REIT plc has registered for entry in the Trade Register 200,000 shares that the company allocated to itselft without charge in a directed share issue on 20 April 2016. The company may use the shares for strengthening its capital structure, developing its business operations and widening its ownership base by both acquiring investment properties and issuing convertible bonds. Following the issue, the total number of Orava Residential REIT shares registered in the Trade Register is 9,406,619. The issued 200,000 shares have the ISIN code FI4000197942 (trading code OREITN0116). Shares with the trading code OREITN0116 do not entitle holders to dividends paid during the year 2016, but do entitle holders to dividends paid during the year 2017 and any dividends thereafter. The company has filed a listing application concerning the aforementioned 200,000 shares with the Helsinki Stock Exchange. The shares are subject to trading on the main list of the Helsinki Stock Exchange on 26 April 2016. After the listing, the total number of Orava Residential REIT shares listed on the main list of the Helsinki Stock Exchange will be 9,406,619 shares. Pekka Peiponen CEO Information Pekka Peiponen, CEO, telephone +358 (0)10 420 3104 Veli Matti Salmenkylä, CFO, telephone +358 (0)10 420 3102 http://www.oravaresidentialreit.com/