Press releaseSeptember 10 2007

Kungsleden sells property to Ikano Fastigheter

Listed Swedish property company Kungsleden AB (publ) is divesting an office property in Malmo to privately owned property company Ikano Fastigheter for SEK 263 m. The sales price is SEK 33 m above book value, and exceeds acquisition value by about SEK 68 m. This latter amount will be posted to Kungsleden’s profit for calculating dividends for 2007.

The property, designated Davida 15, is located in central Malmo, and has total lettable floor space of nearly 11,600 sq.m., the majority being office space, and has total rental value of around SEK 20 m.

Kungsleden will transfer possession on 1 October 2007.

For more information, please contact:
Thomas Erséus, Chief Executive, tel +46 (0)8 503 05204, mobile +46 (0)70 378 2024
Johan Risberg, Deputy Chief Executive, tel +46 (0)8 503 05206, mobile +46 (0)70 690 6565

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