Kungsleden acquires

Swedish listed property company Kungsleden AB (publ) uses its option to acquire the remaining 50 % of the company Hemsö Äldreboende AB, co-owned with Catella.

The acquisition provides for property values of SEK 395 m with an estimated property yield of 7 %.

The day of taking possession is set for May 2, 2005.

For further information, please contact:
Jens Engwall, Kungsleden’s Chief Executive, phone: +46 (0)8 503 05204, mobile +46 (0)70 690 6550
Johan Risberg, Kungsleden’s CFO, phone: +46 (0)8 503 05206, mobile +46 (0)70 690 6565

This press release is available in Swedish at www.kungsleden.se