Wihlborgs sells properties for SEK 793 million at a total profit of SEK 112 million Wihlborgs has sold twelve properties, including residential properties in Bagarmossen, and has signed a letter of intent with regard to sale of a shopping centre in Lund. The combined sales totals, including the shopping centre, SEK 793 million. The total profit is SEK 112 million. Shopping centre in Lund Wihlborgs and Rodamco Sverige AB have signed a letter of intent with regard to the sale of a shopping centre in Lund to Rodamco. Wihlborgs is taking possession of the shopping centre on 12 September 2002 and Rodamco is acquiring the centre as of 13 September. The shopping centre is currently being constructed by JM for Wihlborgs. In total, the centre includes around 70 shops with a total area of around 19,200 m2. The shopping centre is being opened on 19 September. Conversions into cooperative flats in Stockholm Wihlborgs has also sold four properties with a total area of around 14,400 m2 to newly formed housing cooperatives in Bagarmossen, outside Stockholm. Following the sale, Wihlborgs still has one residential property, with a total area of 22,447 m2, in Bagarmossen. Sales in the Öresund region In Malmö Wihlborgs has sold five properties, three of which are residential properties, with a total area of around 13,000 m2. The buyers are private investors. Wihlborgs has also sold the project properties (undeveloped land) Amerika Södra 9-11, 15 and 27 in Helsingborg as well as Lundåkra 12:10 (part of) in Landskrona. Other Wihlborgs has also sold the property Kungsängens Kyrkby 2:76, Upplands- Bro, with a total area of 3,448 m2. "We are continuing to maintain a fast tempo in terms of property deals," comments Erik Paulsson, President and CEO of Wihlborgs Fastigheter. "With the sales in Bagarmossen we are continuing our practice of selling properties to newly formed housing cooperatives where there is an interest. More sales are in progress, in both the Stockholm and the Öresund regions." 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 (excluding the shopping centre in Lund) Property Municipality Region Type m2 Ståndspersonen 1 Stockholm Stockholm Residential 1,892 Sanningen 1 Stockholm Stockholm Residential 5,289 Stridbarheten 1 Stockholm Stockholm Residential 5,300 Gästfriheten 1 & 2 Stockholm Stockholm Residential 1,940 Beritsholm 2 Malmö Öresund Residential 2,428 Beritsholm 7 Malmö Öresund Residential 2,386 Ängdala 1 & 2 Malmö Öresund Residential 3,976 Skrattmåsen 4 Malmö Öresund Offices 2,443 Utklippan 1 Malmö Öresund Ind./warehouse 1,755 Amerika Södra 9-11, 15, 27 Helsingborg Öresund Land Lundåkra 12:10 (part Landskrona Öresund Land of) Kungsängens kyrkby Upplands-Bro Stockholm Offices/shops 3,448 2:76 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/06/13/20020613BIT00110/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/13/20020613BIT00110/wkr0002.pdf