Interim Report January-March 2008

• Profit after tax was SEK 388 million (356) and earnings per share after dilution were SEK 2.28 (1.86)
• Rental income was SEK 561 million (517)
• The surplus ratio was 61 per cent (59%)
• Fabege’s project activities generated significant value-added gains also in this quarter

“Since last year, we have stepped up the pace of our project activities, and our project portfolio is performing very well, with a high rate of lettings in the development properties. In the first quarter of 2008 we generated significant gains, both realised and unrealised, from adding value to properties in our project portfolio,” Christian Hermelin, Fabege’s CEO, says.

“Our property management business performed strongly in the first quarter, and the surplus ratio improved by two percentage points to 61 per cent (59%) compared with the same period last year.

Fabege AB (publ)

Enclosed: Interim Report January-March 2008

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 08:30 on 6 May 2008.

6 May 2008 8:30 AM

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