Fabege buys and sells projects

Fabege and Peab have concluded an agreement to initiate a project partnership in Ulriksdal (Solna), where Fabege will gradually acquire development rights for 50,000 m2 of office space along the side facing the E4 motorway.

Fabege has also acquired 50% of the shares in Deamatris AB for SEK 30 million. Deamatris owns and develops the property Krejaren 2 by Östermalmstorg in central Stockholm.

Fabege has agreed to sell the housing project Racketen 11 in Alvik to Peab. The deal is contingent on approval of a detailed development plan.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, CFO, phone +46 (0)8-555 148 29, +46 (0)70-666 13 80
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20

Fabege AB (publ) discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was submitted for publication at 16:15 on 4 March 2008.

4 Mar 2008 4:15 PM

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