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HAKKASAN GROUP ANNOUNCES LING LING OSLO AS PART OF ONGOING GLOBAL EXPANSION

EXPANSION INTO NORWAY FOCUSES ON LING LING AS A KEYDEVELOPMENT ASSET IN THE PORTFOLIO

Hakkasan Group, the global hospitality
company, today announced plans to open its Ling Ling restaurant in Oslo,
Norway in April 2017 in partnership with Fursetgruppen Restaurant
Group
and Norwegian Property. With significant investment in the site
it demonstrates a continuation of Hakkasan Group’s business strategy of
taking its brand portfolio into new high-growth markets across the world.

Ling Ling Oslo will launch in the newly renovated Aker Brygge Marina on
the Oslo Fjord waterfront and will feature indoor dining as well as a
stunning bar and rooftop terrace. Aker Brygge is visited by 12 million
people annually, expected to rise to 15 million by 2017, and is one of the
most popular destinations in the city.

Inspired by the izakaya concept made popular in the East, Ling Ling is the
latest edition to the expanding restaurant portfolio of Hakkasan Group. It
promises an innovative cocktail list, small plates of Cantonese dishes and
an eclectic electronic soundtrack – creating a unique dining experience.

With existing sites in Mykonos and soon to be in Marrakech, Ling Ling
restaurants are adapted and designed to fit and respect the locale while
drawing on the Hakkasan brand DNA. In keeping with this, the new site in
Oslo will follow local design infused with Hakkasan signature moments.

Founded in the UK, Hakkasan Group is headquartered in both London and
Las Vegas with over 50 establishments across the US, Europe, Middle East,
and Asia; with a projected 89 venues by 2022. Its stable of brands also
includes restaurants Hakkasan, Yauatcha, Sake no Hana, Herringbone, The
Nice Guy and nightclub and day club brand Omnia. The Group employ
more than 5,000 people globally.

President of Hakkasan Group, Nick McCabe, said:
“Norway is home to some of the world’s finest chefs and has numerous
Michelin star restaurants. However, Norway is underserved by global
luxury restaurant brands, which creates a unique opportunity for Ling Ling
and Hakkasan Group.

“With this move to Oslo, we are building on the success of Ling Ling in
Mykonos and our flagship restaurants in London by taking Hakkasan Group
dining experiences to other key European cities. Norwegians are well
travelled and have exquisite taste so there is a growing demand to bring
new and exciting luxury dining to its capital city.

“For Hakkasan Group, choosing like-minded partners has always been key
for us. Fursetgruppen Restaurant Group has the same focus and passion
for excellence in culinary experiences and impeccable service while
Norwegian Property have enabled us to bring this unique dining
experience to an iconic location in Oslo”.

Owner of Fursetgruppen Restaurant Group, Bjørn Tore Furset, said:
“Our goal is to create unique restaurants with soul and character. We
strive to develop the total guest experience and our business is built
around developing bespoke places with unique personalities and amazing
edible experiences.
“Sharing the same mindset and core values, we are very proud that
Hakkasan Group has chosen us as their partner when opening their new
restaurant in Oslo”.

EVP Commercial, Norwegian Property ASA, Tore Heldrup Rasmussen, said:
“Tingvalla with its distinct building is the number one pearl location in Oslo
City, right on the Oslo Fjord waterfront and the Marina. Ling Ling is a unique
world leading restaurant and entertainment concept, which will really
embrace this location.

“We at Norwegian Property are very pleased to have formed the agreement
with Hakkasan Group and Fursetgruppen, enabling the launch of Ling Ling
at Aker Brygge”.

Download the press release