Wihlborgs sells 11 residential properties in Malmö for SEK 380 million at a total profit of SEK 67 million Wihlborgs has sold 11 residential properties in Malmö for a total of SEK 380 million. The profit of SEK 67 million will be included in the profit for the fourth quarter of 2002. The properties have a total area of 47,000 m2. Nine of the properties have been sold to private investors and two have been sold to newly formed housing cooperatives. "So far in 2002 we have sold 34 residential properties in Malmö, including 10 properties sold to newly formed housing cooperatives," comments Erik Paulsson, President and CEO, Wihlborgs Fastigheter. Wihlborgs Fastigheter AB (publ) For further information: Erik Paulsson, President and CEO, Tel.: +46 (0)8-555 148 18, +46 (0)733-87 18 18 Olle Knaust, deputy CEO, Tel.: +46 (0)8-555 148 10, +46 (0)733-87 18 10 Mats Berg, communications manager, Tel.: +46 (0)8-555 148 20, +46 (0)733-87 18 20 Properties sold Property Municipality Region Category Area Gotthard 1 Malmö Öresund Residential 2,348 Gotthard 2 Malmö Öresund Residential 3,044 Paula 2 Malmö Öresund Residential 1,158 Beckasinen 4 Malmö Öresund Residential 6,874 Cedern 18 Malmö Öresund Residential 2,574 Jasminen 3 Malmö Öresund Residential 2,906 Almen 17 Malmö Öresund Residential 5,391 Malmen 14 Malmö Öresund Residential 9,867 Nötskrikan 15 Malmö Öresund Residential 4,966 Dragonen 5 Malmö Öresund Residential 6,776 Olga 4 Malmö Öresund Residential 1,218 Wihlborgs Fastigheter AB (publ) is one of Sweden's biggest real-estate companies, with real estate to a book value of SEK 20.5 billion. The real estate, which is concentrated on the Stockholm and Öresund regions, has a rental value on a twelve-month basis totalling SEK 2.3 billion, and a rentable area of 2.3 million square metres. The company has offices in Stockholm, Malmö, Copenhagen and Helsingborg. Wihlborgs' shares are listed on Attract40 on the Stockholm Stock Exchange's O-list. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/12/19/20021219BIT00660/wkr0001.doc http://www.waymaker.net/bitonline/2002/12/19/20021219BIT00660/wkr0002.pdf