Today, the Board of Directors of listed Swedish property company Kungsleden AB (publ) has appointed Per-Anders Ovin as new Chairman of the company after Bengt Kjell. Mr. Ovin holds a B.Sc. (Econ.) from the Stockholm School of Economics and is a self-employed consultant in business and finance.

Per-Anders has been a member of Kungsleden’s Board since 2003. His other directorships include Chairman and partner of the real estate fund Mengus Stockholm AB, and board member of Catella Capital AB and EDX Ltd.

The Nomination Committee has been informed of the Board of Directors’ decision.

For more information, please contact:

Per-Anders Ovin, mobile +46 (0)70 508 9105

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 26 May 2009 at 5.15 p.m.

Regulatory