Kungsleden sells


STOCKHOLM, Sweden, Jan. 09, 2004 (PRIMEZONE) -- The property company Kungsleden AB (publ) has sold the properties Eskilstuna Nollplanet 12, Viljan 2, Vaxlaren 4 and Valpen 1.The properties have been sold for 117 MSEK.

Kungsleden has also sold the property Helsingborg Radhuset 7 for 76 MSEK. The property consists of 3000 sqm lettable area.

The above mentioned sales generates a profit of 23 MSEK and is reported in the figures for the fourth quarter 2003.

For more information, please contact: Jens Engwall, Kungsleden's Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Johan Risberg, Kungsleden's CFO, tel: +46 (0)8 503 05206, mobile +46 (0)70 690 6565

Detta pressmeddelande och bokslutskommuniken finns tillgangliga pa svenska pa www.kungsleden.se

Kungsleden's strategy is to ensure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and disposals. Kungsleden's property holding comprises 418 properties with a book value of approximately SEK 10.8 bn. The holding is located in a total of 117 municipalities, although concentrated on the Swedish provinces of Gotaland and Svealand. Kungsleden has been quoted on the Stockholm Exchange O-list since 14 April 1999.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2004/01/09/20040109BIT00670/wkr0001.doc

http://www.waymaker.net/bitonline/2004/01/09/20040109BIT00670/wkr0002.pdf

http://www.waymaker.net/bitonline/2004/01/09/20040109BIT00670/wkr0003.xls Tables


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