Press Release 18 January 2010

The Nomination Committee has informed listed Swedish property company Kungsleden AB (publ) that it will be proposing the election of Kia Orback Pettersson as a Board member, and the re-election of the other Board members, namely Leif Garph, Magnus Meyer, Jan Nygren, Jonas Nyrén, Per-Anders Ovin, Charlotta Wikström and the company’s CEO Thomas Erséus at the company’s Annual General Meeting (AGM) on 28 April 2010. Additionally, the Nomination Committee will be proposing that Per-Anders Ovin is elected as Chairman of the Board. Kia Orback Pettersson has been a partner and project manager of strategy consultants Konceptverkstan since 2004. her previous positions include Marketing Director of Swedish broadsheet Dagens Nyheter, COO of retail jewellers Guldfynd AB and CEO of Stockholm prime retail mall Sturegallerian. Kia Orback Pettersson is Chairman of the Board of NAISvefa AB and a Board member of Jernhusen AB, Tengbomgruppen AB, Forsen Projekt AB, Hemtex AB and Ticket Travel AB. Kia Orback Pettersson is an economics graduate. The members of Kungsleden’s Nomination Committee are KG Lindvall, Chairman, representing Swedbank Robur fonder, Olle Florén, representing Olle Florén and companies, Martin Jonasson, representing the Swedish Second Pension Insurance Fund and Frank Larsson, representing Handelsbanken Fonder and Chairman of the Board Per-Anders Ovin. The Nomination Committee’s complete proposals for resolution at the AGM 2010, additional information on the nominated Board members, and a report on the work of the Nomination Committee will be submitted by no later than at the publication of the notice convening the AGM. Kungsleden AB (publ) 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 18 January 2009 at 9:00 a.m.

Regulatory