• 7,506,957 shares, corresponding to 99.0 per cent of the offered shares, have been subscribed through exercise of subscription rights • Including the shares that have been subscribed for without preferential rights, the rights issue has been oversubscribed by approximately 38 per cent • The issue generated SEK 1,001 million before issue costs.

Calculation of Kungsleden’s new issue revealed that 7,506,957 shares, corresponding to 99.0 per cent of the offered shares, have been subscribed through exercise of subscription rights. Including the shares that have been subscribed for without preferential rights, the rights issue has been oversubscribed by approximately 38 per cent. The issue generated SEK 1,001 million, before issue costs.

The 76,491 shares that have not been subscribed for through exercise of subscription rights, corresponding to 1.0 per cent of the total number of offered shares, will be allotted to those who subscribed for shares without preferential rights in accordance with principles set forth in the prospectus.

Through the rights issue the number of shares in Kungsleden increases by 7,583,448 shares and the share capital increases by 9,479,310 SEK. After the rights issue the total number of shares in Kungsleden amount to 45,500,688 shares and the share capital to 56,875,860 SEK. The last trading day with the paid-up subscribed shares (BTA) is expected to be 7 November 2005. The newly issued shares are expected to be traded on the O-list of the Stockholm Stock Exchange (Stockholmsbörsen) starting Thursday 17 November, 2005.

”I am happy that the rights issue was oversubscribed and even happier that we already have put the new capital into work through the larger acquisition we performed 10 October. Looking forward we see continued opportunities to beneficial deals – both in form of divestments in the new as well as in the existing portfolio and continued acquisitions, preferably of properties with tenants within care and education” says Jens Engwall, CEO of Kungsleden.

Enskilda Securities is acting as financial advisor to Kungsleden AB for the rights issue. Advokatfirman Cederquist is acting as legal advisor.

Stockholm, Sweden, 26 October 2005

Kungsleden AB (publ)


For more information, please contact:
Jens Engwall, CEO, phone +46 (0)8 503 052 04, mobile +46 (0) 70 690 65 50
Johan Risberg, CFO, phone +46 (0)8 503 052 06, mobile +46 (0) 70 690 65 65