Tornet sells 48 properties for SEK 3.8 billion

Tornet, which is 99.5 per cent owned by Fabege, has sold 48 properties in Stockholm and Gothenburg for SEK 3.8 billion. The buyer is GE Real Estate Norden. The properties are sold through a company, resulting in an after-tax gain of SEK 180 million in Fabege, which will be recognised in the second quarter of 2006. 34 of the properties are located in Gothenburg and 14 in Stockholm. After the disposal of 48 properties to GE Real Estate, Tornet owns 12 properties in Gothenburg and 24 properties in Stockholm. See also the press release from Fastighets AB Tornet, www.tornet.se. Fabege AB (publ) For further information, please contact: Erik Paulsson, CEO, phone +46 (0)8-555 148 18, +46 (0)733-87 18 18 Olle Knaust, CFO, phone +46 (0)8-555 148 10, +46 (0)733-87 18 10 Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20

2 May 2006 1:00 PM

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