Press Release 21 May 2009

The Chairman of the Board of listed Swedish property company Kungsleden AB (publ) has taken the initiative to request to leave Kungsleden’s Board. Mr. Kjell has kept the Nomination Committee and other Board members informed of his plans to take on other commitments in the property sector, and accordingly, his intention to leave his position by the AGM 2010 at the latest. Mr. Kjell has now decided to bring forward his reported departure, and accordingly, is leaving his position as of 21 May 2009. The Board has initiated a process to appoint a new Chairman internally as soon as possible. Kungsleden discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was provided for public release on 21 May 2009 at 18.45 p.m.

Regulatory