Fabege sells eleven properties for SEK 2.9bn at a profit of SEK 500m

Fabege AB (publ) has today signed a contract for the sale of eleven properties to Keops EjendomsHolding, a Danish company, for SEK 2.9 billion. The sale price corresponds to a yield of about 7 per cent. In relation to the book value as at 30 June 2005, the sale results in a profit of SEK 500 million. The buyer will access the properties on 1 December 2005. The properties are located in Haninge (4), Huddinge, Sollentuna, Bromma, Nacka, Årsta, Rågsved and Södermalm. The total rentable area is 155,000 m2, of which 121,000 m2 is in Haninge/Huddinge. As a result of the sale, Fabege has now left Haninge. Fabege is offering a three-year rental guarantee for 21,000 m2 and a five-year rental guarantee for 17,000 m2 as of October 2007. The reported result takes account of the rental guarantee. The buyer intends to part-finance the deal through the issue of property bonds. The sale is contingent upon the buyer being able to arrange this funding. See also Keops’ press release at www.keops.dk. “Through the sale we further concentrate our holdings to the Stockholm region, and our focus on markets such as central Stockholm, Solna, Kista, Täby and Södra Hammarbyhamnen/Nacka becomes even clearer”, Erik Paulsson, Fabege’s CEO, comments. Fabege AB (publ) For more information: Erik Paulsson, CEO, phone +46 (0)8-555 148 18, +46 (0)733-87 18 18 Olle Knaust, Deputy CEO, phone +46 (0)8-555 148 18, +46 (0)733-87 10 10 Mats Berg, Communications Manager, phone +46 (0)8-555 148 18, +46 (0)733-87 20 20 Appendix: divested properties Fabege AB (publ), formerly Wihlborgs Fastigheter AB, is one of Sweden’s leading property companies. The book value of the company’s property portfolio is SEK 26.1 billion. The properties are concentrated to the Stockholm and Öresund regions, and have an annualised rental value of almost SEK 2.7 billion and a rentable area of 2.1 million square metres. Fabege’s shares are listed on the Attract40 list of the Stockholm Stock Exchange. Divested properties Property Area Category Space, m2 Jordbromalm 6:11 Haninge Ind/wareh 4,252 Söderbymalm 3:462 Haninge Office 52,698 Söderbymalm 3:481 Haninge Office 14,878 Söderbymalm 3:482 Haninge Office 10,703 Medicinaren 19 Huddinge Other/ office 38,685 Tröskan 9 Sollentuna Office 1,784 Ålänningen 7 Bromma Office 3,352 Sicklaön 358:1 Nacka Office 16,630 Görväln 1 Stockholm (Årsta) Office 3,606 Smälleklingan 3 Stockholm (Rågsved) Ind/wareh 2,092 Postiljonen 17 Stockholm (Södermalm) Office/ other 6,384 155,064

7 Oct 2005 4:00 PM

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