Three-month report 2002

Three-month report 2002 Profit SEK M Jan-Mar 2002 Jan-Mar 2001 Ongoing property management operations 160 220 ("operations") Result from property sales 120 320 Nonrecurring items - 13 Profit before tax 280 553 Cash flow/share (operations), SEK 2.60 2.94 - lower profit mainly due to major property sales in 2001 - rental revenues rose by 5 percent in the like-for-like portfolio Outlook for 2002 - full-year profit from operations will be lower than previous year, as announced in year-end report, and is estimated at approximately SEK 700 M before tax - cash flow is expected to exceed SEK 11.00 per share - in addition - gains on property sales (Jan-March: SEK 120 M before tax) Drott owns commercial and residential properties in regions and metropolitan areas with faster long-term growth than the rest of the country. Three-quarters of rental revenues are from the Stockholm region, and the rest from the Öresund and Gothenburg regions. Appraised property values as of Dec. 31, 2001: SEK 39.3 billion. More than 50,000 shareholders. Market capitalization of slightly over SEK 10 billion (excl. repurchased shares ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/06/20020506BIT00410/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2002/05/06/20020506BIT00410/wkr0002.pdf The Full Report