The property company Kungsleden AB (publ) has sold four properties northeast of Stockholm. Purchaser is Fastighetspartner and the sales price amounts to SEK 282 m. The lettable floor-space of the properties amounts to 31 000 sq.m with a rental value of SEK 30 m and consists mainly of offices.

The above mentioned sales generate a profit of SEK 36 m and are reported in the figures for the fourth quarter 2004.

The company also changes its forecast for the year 2004 from profit before taxes of SEK 530 m to profit before taxes of SEK 550 m.

For further information, please contact:
Johan Risberg, Kungsleden’s CFO, phone: +46 (0)8 503 05206, mobile +46 (0)70 690 6565