Press Release 7 November, 2005

The property company Kungsleden sells the property Klas 11 in Västerås.The purchase price amounts to 100 MSEK. The sales price is 5 MSEK above the latest valuation according to the balance sheet and 15 MSEK above the purchase price. The buyer is the Ulf Paulson family. The yield based on the purchase price is calculated at 6 per cent. The property consists of 9.000 sq.m. of lettable area, primarily offices. Kungsleden will leave possession of the property on 15 November, 2005.