Tornet sells twelve properties for SEK 320 million

30 May 2006, 04:30 pm CET

Tornet, a subsidiary of Fabege, has sold twelve properties in Västberga,
Högdalen and Årsta for SEK 320 million. The properties are sold through
a company, resulting in an after-tax gain of SEK 60 million in Fabege,
which will be recognised in the second quarter of 2006. The purchaser is
Diös & Kuylenstierna Förvaltning AB which will take possession of the
properties on 30 June 2006.

The properties, with a total area of 55,000 sq.m., comprises mainly
industry/warehouse.


Fabege AB (publ)


For further information, please contact:
Erik Paulsson, President and CEO, phone +46 (0)8-555 148 18, +46 (0)733-
87 18 18
Olle Knaust, CFO, phone +46 (0)8-555 148 10, +46 (0)733-87 18 10
Mats Berg, Communications Manager, phone +46 (0)8-555 148 20, +46
(0)733-87 18 20


Properties sold
Property Area Category Space, sq.m.

Arbetsbasen 2 Västberga Ind/wareh. 1,794
Dikesrenen 11 Västberga Office/ind/ 2,010
warehouse
Nattskiftet 6 Ind/wareh. Ind/wareh. 5,719
Vreten 23 Västberga Ind/wareh. 1,589
Vreten 24 Västberga Office/Ind/ 1,859
warehouse
Åsnen 2 Årsta Office/ind/ 13,677
warehouse
Blixtlampan 1 Högdalen Ind/wareh. 5,851
Stillbilden 6 Högdalen Ind/wareh. 3,884
Filmremsan 1 Högdalen Ind/wareh. 3,902
Filmremsan 2 Högdalen Ind/wareh. 3,847
Filmremsan 9 Högdalen Ind/wareh. 7,606
Fotocellen 5 Högdalen Ind/wareh. 3,150

Fabege AB (publ) is one of Sweden's leading property companies, owning properties with a book value of SEK 31.4 billion. The property stock has a rental value on a twelve-month basis of SEK 3.2 billion and a lettable area of 2.6 million m2. Fabege shares are listed on Attract40 on Stockholmsbörsen [Stockholm Stock Exchange].