Fabege sells Valnöten 8

Fabege has sold its Valnöten 8 property on Kungsholmstorg in Stockholm to Orvaus AB for a consideration of SEK 115m. Valnöten 8 is a 3,000 m2 mixed commercial and residential property. The buyer will take possession of the property in January 2010.

The sale will result in a profit after tax of SEK 14m, which will be recognised in the fourth quarter of 2009.

“It is good to see that activity in the property market is increasing,” Christian Hermelin, Fabege’s CEO, comments.

Fabege AB (publ)

For further information, please contact:

Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25

Åsa Bergström, Executive Vice President and CFO, phone +46 (0)8-555 148 29, +46 (0)706-66 13 80

Annette Kaunitz, Head of Corporate Communications, phone +46 (0)8-555 148 20, +46 (0)708-390 337

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 03:15 pm (CET) on 22 December 2009.

Fabege AB (publ) is one of Sweden’s leading property companies focusing on commercial premises. The book value of the company’s property portfolio is approximately SEK 29.4bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.4m square metres. Fabege’s shares are listed on the Stockholm Stock Exchange, Large Cap segment.