Press releaseApril 07 2005

Kungsleden AB (publ)—Annual General Meeting

Kungsleden AB (publ) held its Annual General Meeting on Thursday. The Meeting approved the Board of Directors’ proposed dividends of SEK 15.00 per share. The record date was resolved at 12 April, with dividends scheduled for payment from VPC (the Swedish Central Securities Depository & Clearing Organization) on 15 April. Additionally, the Meeting approved the Board of Directors’ proposal to implement a share split through an amendment of the Articles of Association. This transaction means one (1) existing share becoming two (2) new shares. The share split is scheduled for consummation on 17 May 2005, and accordingly, the last trading day before the split is 12 May, and the first trading day after the share split is 13 May. In his presentation to the Meeting, Chief Executive Jens Engwall reviewed the financial year 2004 and current market conditions: “Early 2005 has been good for Kungsleden, consolidating our prospects of realising our forecast profit for calculating dividends of SEK 600 m, and the possibility of us being a net buyer of properties of around SEK 3-4 bn in 2005.” The AGM discharged the Board members and Chief Executive from liability for the financial year 2004. Jens Engwall, Mats Israelsson, Bengt Kjell, Jonas Nyrén, Per-Anders Ovin and Anna Weiner Jiffer were re-elected to the Board. Bengt Kjell was appointed Chairman of the Board at the Board meeting following election. Bengt Kjell and Mats Israelsson were appointed members of the Remuneration Committee, while Jonas Nyrén, Per-Anders Ovin and Anna Weiner Jiffer were appointed members of the Accounting and Audit Committee. Additionally, Kungsleden’s Chief Operating Officer Lars Thagesson was appointed Deputy Chief Executive. For more information, please contact: Jens Engwall, Kungsleden’s Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Johan Risberg, Kungsleden’s deputy chief executive,CFO, tel: +46 (0)8 503 05206, mobile +46 (0)70 690 6565

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