SEK 3,3 billion transferred to Fabege´s shareholders through redemption

SEK 3.3 billion transferred to Fabege's shareholders through redemption The acceptance period for Fabege's share redemption offer concluded on May 27, 2004. The offer allowed shareholders to redeem one of every four of their Fabege shares for SEK 150 per share. In total, the offer comprised 22,241,172 shares, corresponding to SEK 3.3 billion. The final tally shows that a total of 21,967,404 shares have been tendered for redemption, corresponding to 98.84 percent of the maximum number of shares that could be tendered as part of the offer. The redemption amount, SEK 3,295,110,600, is expected to be paid by VPC (the Swedish Securities Register Center) on June 22, 2004. Fabege's holding of its own shares, 450,000 Class B shares, will be cancelled in accordance with the decision of the Annual General Meeting. The number of shares in Fabege following the redemption and cancellation totals 66,929,530, comprising 394,859 Class A shares and 66,533,771 Class B shares. Fabege AB (publ) For further information, please contact: Lennart Sten, President, telephone +46 8 769 3010 Roger Johansson, CFO, telephone +46 8 769 3100 Helena Stångberg Carlsson, Corporate Communications, telephone +46 8 769 3021 Fabege is a streamlined real estate company that owns and manages commercial properties in the Stockholm region. Its focus is on properties which, through improvements, development or area-specific circumstances, have the potential to contribute positively to cash flow and appreciation in value. The portfolio is concentrated in Stockholm, Kista and Marievik. The aggregate value of Fabege's property portfolio is approximately SEK 18 billion, with about 1.3 million square meters in total rentable space (Dec. 31, 2003). Fabege is one of Sweden's largest real estate companies and is listed on the Stockholm Stock Exchange's O- list. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/07/20040607BIT00500/wkr0001.pdf

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We are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment.

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