Year-end report 2007

Catena proposes increased dividend to SEK 5.25

•Rental revenue during the period totalled SEK 179.7 M (177.0)

•Income from property management for the period amounted to SEK 73.8 M (99.5), corresponding to SEK 6.38 per share (8.60). Income includes unrealized currency differences of a loss of SEK 12.4 M (gain: 11.2). Income from property management for the period excluding currency differences was SEK 86.2 M (88.3).

•Profit before tax for the period amounted to SEK 279.9 M (352.3).

•Profit after tax was SEK 216.2 M (255.0), corresponding to SEK 18.70 per share (22.05).

•Profit for the year includes unrealized value change of SEK 168.4 M (252.8).

•Sales of properties resulted in a realized change in value of SEK 37.7 M (-).

•Investments in the existing portfolio amounted to SEK 95 M (53) during the period.

•The Board proposes a dividend of SEK 5.25 per share (5.00).

Peter Hallgren, President and CEO:

“Catena developed well during 2007. During the year, we invested SEK 95 M in own facilities and have decided to invest a further SEK 143 M during 2008. As a result of the investments, our rental revenue was higher than in the preceding year, despite the sale of six properties.”

“Income from property management was lower than a year earlier, due mainly to higher interest expenses and unrealized exchange losses. The aforementioned property sales, which generated SK 37.7 M, also meant that property management income declined.”

“We continue our clear strategy of developing and improving our portfolio of properties. As part of this strategy, we implemented the following activities, among other actions:

•Modernization of the sheet-metal and paint facility in Almedal, Göteborg. A top-modern plant that will be completed in June 2008.

•During the year, an upgrade of three facilities in Norway was initiated to adapt them to today’s demands, primarily to handle several car brands.

•A property was acquired in June in the Svågerstorp commercial area in Malmö – a commercial area that has developed strongly in recent years. This development was strengthened by Ikea’s decided establishment in the area.

•In January 2008, the land adjacent to the property in the Svågerstorp commercial area was acquired and in February 2008 a ten-year lease was signed with the Danish exchange-listed company Vestas. Catena will construct a 3,600-m2 office building, with occupancy in February 2009. The investment is SEK 65 M.”


For information, please contact Peter Hallgren, President and CEO, tel +46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35

The Year-end Report can be downloaded from www.catenafastigheter.se


This information in the interim report is such that Catena AB (publ) must release it publicly in accordance with the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was released to the public on February 6, 2008 at 8:15 a.m.