Kefren Properties IX AB, 556691-4031 (“the Company”) - Expected non-payment of interest


As outlined in announcement nr. 70 on 8th September 2010 to the OMX Nordic
Exchange Copenhagen, the Company does still not fulfil the senior loan
requirement regarding the size of the senior loan relative to the market value
of the portfolio (loan-to-value). It is the Company's belief that this will
still be the case when the market value is determined on 28th October 2010. 

As outlined in announcement nr. 70 on 8th September 2010 the Company has, from
the agent of the Senior Loan, received an extension until 13th October 2010.
During this period the Senior Loan cannot be terminated due to non-compliance
of the loan-to-value condition. 

The Company is still in dialogue with the Senior Bank with respect to finding a
solution. It is not expected that a final solution will allow for payment to
the bondholders whilst the loan is still outstanding. 

It is with regret that the Company's management hereby announces that they do
not expect that funds will be released for the payment of interest on the bonds
issued by the Company, and consequently the Company will not make the interest
payment due on 31 October 2010 to the bondholders. However, the Company still
has an obligation towards the bondholders in relation to the unpaid interest. 

The bonds issued by the Company are:
ISIN: DK0030039300	Nominal value (DKK): 740,000,000

The Special Servicer has an obligation to call a bondholders meeting with no
less than 8 days notice, in the event a non-payment of interest lasts more than
8 days post its Due Date. In anticipation of the expected non-payment of
interest on the bonds issued by the Company, the Company has contacted the
Special Servicer with respect to setting a date for a bondholders meeting. A
bondholders meeting has therefore been scheduled for 17th November 2010 at 2
p.m. At the meeting the Company will give a general presentation of the
Company's situation. 

A formal notice of the bondholders meeting will be published in accordance with
the terms of the prospectus. 

The Board of Directors

Please address questions relating to this Notice to Chairman Ole Vagner on
telephone +45 40254113 or via e-mail ole@vagner.dk. 

Further information about Kefren Properties IX AB is available on the company's
website, www.kefren.se.