Wihlborgs sells 12 properties for SEK 316 million at a profit of SEK 41 million

Wihlborgs sells 12 properties for SEK 316 million at a profit of SEK 41 million Wihlborgs has sold 12 properties in Stockholm, Malmö and Lund for a total of SEK 316 million at a profit of SEK 41 million. The profit will be included in the result for the second quarter of 2003. - 3 residential properties in Malmö have been sold to newly formed housing cooperatives - 9 properties, including 5 residential properties in Skärholmen, Stockholm, have been sold to private investors "This year we have so far sold properties for SEK 1,857 million at a total profit of SEK 285 million," says Erik Paulsson, President and CEO, Wihlborgs Fastigheter AB. "We are continuing to sell residential properties, in line with our strategy. So far this year we have sold 36 residential properties," 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, sqm Brantholmen 1 Stockholm Stockholm Residential 13,785 Brantholmen 2 Stockholm Stockholm Residential 13,450 Fågelholmen 1, 2 Stockholm Stockholm Residential 6,153 Fågelholmen 3 Stockholm Stockholm Residential 463 Sicklaön 145:16 Nacka Stockholm Project - Banken 1,15 Lund Öresund Retail 3,787 Kannan 13 Lund Öresund Office 217 Reval 4 Malmö Öresund Residential 1,172 Ingelstad 3 Malmö Öresund Residential 1,418 Inland 2 Malmö Öresund Residential 2,116 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/2003/07/01/20030701BIT00320/wkr0001.doc http://www.waymaker.net/bitonline/2003/07/01/20030701BIT00320/wkr0002.pdf

1 Jul 2003 12:39 PM