Wihlborgs sells five properties for SEK 394 million at a profit of SEK 67 million

Wihlborgs sells five properties for SEK 394 million at a profit of SEK 67 million Wihlborgs has sold four properties in Malmö and one property in Stockholm for SEK 394 million at a total profit of SEK 67 million. The profit will be included in the result for the second quarter of 2003. The property in Stockholm and one of the properties in Malmö were acquired by newly formed housing cooperatives/condominiums. The other properties were acquired by private investors. "We continue to sell residential properties to both private investors and newly formed housing cooperatives, in line with our strategy of reducing the proportion of residential properties in our portfolio," says Erik Paulsson, president and CEO, Wihlborgs Fastigheter AB. "Amongst both private investors and tenants there is still great interest in investments in residential property," Erik Paulsson continues. 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 and CFO, 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 Dörrhaken 1 Stockholm Stockholm Residential 11,755 Askim 1 Malmö Öresund Residential 1,242 Dimman 12 Malmö Öresund Residential 23,047 Duvan 25 Malmö Öresund Residential 4,215 Concordia 27 Malmö Öresund Resid/retail 4,857 Wihlborgs Fastigheter AB (publ) is one of Sweden's biggest real-estate companies, with real estate to a book value of SEK 19.7 billion. The real estate, which is concentrated on the Stockholm and Öresund regions, has a rental value on a twelve-month basis totalling SEK 2.2 billion, and a rentable area of 2 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/2003/05/12/20030512BIT00810/wkr0001.doc http://www.waymaker.net/bitonline/2003/05/12/20030512BIT00810/wkr0002.pdf

12 May 2003 4:08 PM