Wallenstam to offer artist scholarship

Wallenstam to offer artist scholarship Wallenstam supports the Grez-sur-Loing Foundation with the Carl Larsson studio at the Swedish artist centre Hotel Chevillon in France. The scholarship given by Wallenstam enables three artists in Gothenburg to spend 2 months each at the studio during the autumn to work with their art. The application for the scholarship will be published in the daily press in February and the jury consists of Hans Wallenstam, Managing Director, Björn Fredlund (The Göteborg Museum of Art), Margita Björklund (city councillor) and Jan Landmark (Grez-sur-Loing Foundation). Hans Wallenstam, Managing Director, comments: "For us, it is both important and satisfying to be able to offer this scholarship. We have been supporting various cultural activities for some time now and this means that we can indirectly contribute to the development of art, which is something that we feel strongly about." Lennart Wallenstam Byggnads AB Gothenburg, 7 February For further information, please contact Thomas Dahl, Director of Marketing and Information, phone +46 (0)31 200 000 or +46 705 171 142. Wallenstam was established in 1944 and is one of Sweden's major dedicated property companies with more than 300 properties in the three major urban areas Gothenburg, Stockholm and Helsingborg. The focus of the Group's portfolio is residential and commercial properties. The Group's rental income is about SEK 800 million and the value of its property portfolio is about SEK 7.5 billion. Wallenstam's Series B shares have been listed on the Stockholm Stock Exchange since 1984. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/07/20000207BIT00210/bit0001.doc http://www.bit.se/bitonline/2000/02/07/20000207BIT00210/bit0002.pdf

About Us

Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holdings are valued at around SEK 40 billion and the customer base consists of about 7,700 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through the company and its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.