Tornet sells twelve properties for SEK 320 million

Tornet, a subsidiary of Fabege, has sold twelve properties in Västberga, Högdalen and Årsta for SEK 320 million. The properties are sold through a company, resulting in an after-tax gain of SEK 60 million in Fabege, which will be recognised in the second quarter of 2006. The purchaser is Diös & Kuylenstierna Förvaltning AB which will take possession of the properties on 30 June 2006. The properties, with a total area of 55,000 sq.m., comprises mainly industry/warehouse. Fabege AB (publ) For further information, please contact: Erik Paulsson, President and CEO, phone +46 (0)8-555 148 18, +46 (0)733- 87 18 18 Olle Knaust, CFO, phone +46 (0)8-555 148 10, +46 (0)733-87 18 10 Mats Berg, Communications Manager, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20 Properties sold Property Area Category Space, sq.m. Arbetsbasen 2 Västberga Ind/wareh. 1,794 Dikesrenen 11 Västberga Office/ind/ 2,010 warehouse Nattskiftet 6 Ind/wareh. Ind/wareh. 5,719 Vreten 23 Västberga Ind/wareh. 1,589 Vreten 24 Västberga Office/Ind/ 1,859 warehouse Åsnen 2 Årsta Office/ind/ 13,677 warehouse Blixtlampan 1 Högdalen Ind/wareh. 5,851 Stillbilden 6 Högdalen Ind/wareh. 3,884 Filmremsan 1 Högdalen Ind/wareh. 3,902 Filmremsan 2 Högdalen Ind/wareh. 3,847 Filmremsan 9 Högdalen Ind/wareh. 7,606 Fotocellen 5 Högdalen Ind/wareh. 3,150 Fabege AB (publ) is one of Sweden's leading property companies, owning properties with a book value of SEK 31.4 billion. The property stock has a rental value on a twelve-month basis of SEK 3.2 billion and a lettable area of 2.6 million m2. Fabege shares are listed on Attract40 on Stockholmsbörsen [Stockholm Stock Exchange].