Management buys options in Hufvudstaden

Management buys options in Hufvudstaden Hufvudstaden's executive management has received an offer to subscribe for call options in Hufvudstaden AB and all members of executive management have accepted this offer. The call options are being issued by L E Lund- bergföretagen AB and expire at year-end 2004. The number of call options written totals 160,000. Stockholm, December 19, 2000 HUFVUDSTADEN AB (publ) Ivo Stopner President Questions will be answered by Ivo Stopner and Clas Hjorth, telephone +46 8 762 90 00. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

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Hufvudstaden provides office and retailing premises in prime locations in Stockholm and Gothenburg. The Company was founded in 1915 and is today one of Sweden's largest listed property companies and one of the strongest brands in the country in the property sector.