Wihlborgs sells 8 properties at a total profit of SEK 20 million. Improves the outlook for the year 2002

Wihlborgs sells 8 properties at a total profit of SEK 20 million Improves the outlook for the year 2002 Wihlborgs has sold 8 properties in Malmö - 6 of them residential - for SEK 116 million at a total profit of SEK 20 million. 4 of the properties have been sold to newly formed housing cooperatives, and the others have been acquired by private investors. It is assessed that as a result of the sales Wihlborgs' profit for the year 2002 after financial financial items will be in excess of SEK 970 million. 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 Stjärnan 2 Malmö Öresund Offices 200 Fräkne 4 Malmö Öresund Residential 2,419 Gråbjörnen 8 Malmö Öresund Residential 1,028 Korpen 52 Malmö Öresund Residential 1,663 Värnhem 2 Malmö Öresund Residential 1,378 Stenyxan 15 Malmö Öresund Offices/Ind. 944 Paula 13 Malmö Öresund Residential 2,198 Herrestad 7 Malmö Öresund Residential 3,349 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/2003/01/07/20030107BIT00540/wkr0001.doc http://www.waymaker.net/bitonline/2003/01/07/20030107BIT00540/wkr0002.pdf

7 Jan 2003 4:23 PM

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