Press Release 12 March 2007

Listed Swedish property company Kungsleden AB (publ) is acquiring the property designated Åkerby 12 in Täby, north of Stockholm, for approximately SEK 130 m, with an estimated property yield of just over 7%. This property has lettable floor-space of about 13,600 sq.m. and is fully let, largely as a conference facility and hotel. The tenant is Täby Park Hotel, which has signed a 15-year rental contract. The property’s rental value is just over SEK 10.3 m.

Kungsleden takes possession on 2 April.