STOCKHOLM, Sweden, Jan. 7, 2003 (PRIMEZONE) -- The board of Wihlborgs Fastigheter AB intends to propose to the AGM that a dividend of SEK 4.50 (4.00) per share be paid for the year 2002.
The board furthermore proposes that Wihlborgs' holding in Klovern AB, a total of 10,403,968 B-shares, be distributed amongst the shareholders, whereby six Wihlborgs shares give entitlement to one B-share in Klovern AB. The total dividend is thus approximately SEK 6.50 (4.00) per share of which the distribution of Klovern constitutes approximately SEK 2. Further information on the transaction will be provided in the year end report 2002.
Wihlborgs Fastigheter AB (publ) is one of Sweden's biggest real-estate companies, with real estate to a book value of SEK 20.5 billion. The real estate, which is concentrated on the Stockholm and Oresund regions, has a rental value on a twelve-month basis totalling SEK 2.3 billion, and a rentable area of 2.3 million square metres. The company has offices in Stockholm, Malmo, Copenhagen and Helsingborg. Wihlborgs' shares are listed on Attract40 on the Stockholm Stock Exchange's O-list.
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http://www.waymaker.net/bitonline/2003/01/07/20030107BIT00580/wkr0001.doc
http://www.waymaker.net/bitonline/2003/01/07/20030107BIT00580/wkr0002.pdf