Wihlborgs sells five properties for SEK 73 million at a total profit of SEK 20 million

Wihlborgs sells five properties for SEK 73 million at a total profit of SEK 20 million Wihlborgs has sold five properties, four of them residential properties in Malmö, for a total of SEK 73 million. The total profit is SEK 20 million, which will be included in the result for the fourth quarter. Two of the residential properties have been sold to newly formed housing cooperatives. "So far in 2002 we have sold six properties in Malmö to newly formed housing cooperatives. More sales are in progress," comments Erik Paulsson, President and CEO of Wihlborgs Fastigheter. Wihlborgs Fastigheter AB (publ) For further information: Erik Paulsson, President & 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 Type m2 Västerport 20 Malmö Öresund Residential 1,761 Vargen 10 Malmö Öresund Residential 2,045 Almbacken 12 Malmö Öresund Residential 1,948 Josefina 5 Malmö Öresund Residential 1,474 Buffeln 1 Södertälje Stockholm Ind/wareh 1,342 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/2002/11/07/20021107BIT00810/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/07/20021107BIT00810/wkr0002.pdf

7 Nov 2002 1:00 PM