Catena to be listed on the O-list at the Swedish stock exchange

On April 19, Bilia’s Annual General Meeting is expected to approve a motion to list Catena on the Stockholm Stock Exchange’s O-List. Assuming that the Annual General Meeting votes in accordance with the Board of Directors’ proposal, the first day of trading for the Catena share will be April 26. Catena is a spin-off from car-sales company Bilia and operates in strategic communities in regions with strong growth.

“The division will serve to clarify the value in both operations separately and will create favorable conditions for increasing shareholder value,” says Peter Hallgren, President of Catena, in the prospectus. “Bilia is our largest tenant and generates stable revenues through long-term leasing agreements, giving Catena a stable foundation and the flexibility to develop as an independent company.”

Catena’s properties are located in strong commercial locations along traffic arteries approaching major cities in four growth areas: the Stockholm and Mälar Valley region, the Western Götaland region, the Öresund region and the Oslo region. It is planned that Catena will grow in these and other regions through acquisitions and adding value to properties.

“Within these regions, we see opportunities to utilize our strong expertise in the automotive sector to also attract other tenants with a commercial focus. With a stronger market presence in a given area, we will be able to improve our market knowledge as a precondition for successful business operations,” says Peter Hallgren.

Gothenburg, March 23, 2006