Interim Report January-June 2007

• Profit after tax was SEK 865m (1,026) and earnings per share were SEK 4.60 (5.27)

• Rental income was SEK 1,021m (1,261). The lower figure is wholly due to net sales of properties

• The occupancy rate at the end of the period was 91 per cent (87)


“Growth and demand on our main markets – the inner city of Stockholm, Solna and Hammarby Sjöstad – are very good, resulting in strong net lettings of SEK 33 million in the second quarter, Christian Hermelin, Fabege’s CEO, comments.

“For comparable properties rental income increased by SEK 15 million on the first quarter. The surplus ratio in the second quarter was 63 per cent for the portfolio as a whole and just over 70 per cent for our investment properties”, Christian Hermelin says.

“To make the most of the opportunities and potential created by the current economic growth, we have stepped up the pace and volume of our projects significantly. During the period we made decisions on project investments worth some SEK 1.6 billion”, Christian Hermelin adds.

Fabege AB (publ)

Enclosed: Interim Report January-June 2007


For more information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Roger Johansson, CFO, phone +46 (0)8-555 148 13, +46 (0)70-374 42 85
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20