Wihlborgs sells 13 properties for SEK 753 million at a profit of SEK 220 million

Wihlborgs sells 13 properties for SEK 753 million at a profit of SEK 220 million Wihlborgs has sold 13 properties in Stockholm, Malmö, Lomma and Ystad. The total sale price is SEK 753 million and the profit is SEK 220 million. Eight of the properties are residential, and five of them constitute Wihlborgs' entire property stock in Skärholmen. All properties have been acquired by private investors. Buys property (offices/warehouses) for SEK 200 million Wihlborgs has acquired the property Regulatorn 2 in Huddinge for SEK 200 million. The property, with its total area of 48,300 m2, houses offices and warehouses, and is fully let. Present rental contracts run until 31.12.2008. "Through these deals we are continuing the strategic plan of reducing the number of residential properties, with the aim of residential properties making up ten percent of the portfolio," says Erik Paulsson, president and CEO of Wihlborgs Fastigheter. Wihlborgs Fastigheter AB (publ) For further information: Erik Paulsson, president Tel. +46 (0)8-555 148 18; +46 (0)733-87 18 18 and CEO: Olle Knaust, CFO: Tel. +46 (0)8-555 148 10; +46 (0)733-87 18 10 Mats Berg, communications Tel. +46 (0)8-555 148 20; +46 (0)733-87 18 20 manager: Properties sold Property Municipality Region Category Area,m2 Fågelholmen 1, 2, 3 Stockholm StockholmResidential 6,616 Brantholmen 1,2 Stockholm StockholmResidential 27,235 Tranan 39, 43, 46, 47, 48,49 Malmö Öresund Resid./offices33,904 Lomma 27:32 Lomma Öresund Ind./warehouses3,079 Paul 1 Ystad Öresund Hotel 3,082 Property acquired Property Municipality Region Category Area,m2 Regulatorn 2 Huddinge StockholmOffices/wareh. 48,300 Wihlborgs Fastigheter AB (publ) is one of Sweden's biggest real-estate companies, with real estate to a book value of SEK 19.4 billion. The real estate, which is concentrated on the Stockholm and Öresund regions, has a rental value on a twelve-month basis totalling SEK 2.1 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/2004/02/05/20040205BIT20430/wkr0002.pdf

5 Feb 2004 1:15 PM

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