Interim Report January-June 2006

• Profit after tax amounted to SEK 1,026m (799) and earnings per share after dilution to SEK 10.53 (8.18) • Rental income amounted to SEK 1,261m (1,607) • Buyback of 5.4 million shares för SEK 706m up to 14 July

– The after-tax profit was SEK 1,026m (799),up 28 per cent year-on-year. The result includes profits from property sales totalling SEK 444m after tax, of which SEK 355m is attributable to Tornet’s property holdings, Erik Paulsson, Fabege’s CEO, comments. – At the end om the period, six months after acquiring 82.4 per cent of the shares in an initial purchase, Fabege had completed the acquisition of Tornet according to plan. Properties outside Fagege’s priority markets had been sold at a good profit. Fabege’s portfolio in the Stockholm region had been strengthened through a number of interesting properties with development potential that had been integrated into Fabege’s existing property management organisation, Erik Paulsson continues. – Fabege continued the process of concentrating its holdings to its prioritised sub-markets. At the end of the period, the properties in Stockholm inner city, Solna and Kista represented 77 per cent of the total market value of Fabege’s properties. Fabege AB (publ) Enclosure: Interim Report January-June 2006