Hufvudstaden intends to sell Liljeholmen properties

Hufvudstaden intends to sell Liljeholmen properties Hufvudstaden has signed a letter of intent with an investor, whereby the latter will acquire Hufvudstaden's Stubinen 2 and Stora Katrineberg 16 properties, which are located at Liljeholmen in Stockholm. The parties' intention, after implementation of a due diligence process, is to conclude a final purchase agreement. The divestment of the Liljeholmen properties is in keeping with Hufvudstaden's strategy of concentrating its operations in central Stockholm and central Gothenburg. Stockholm, October 27, 2000 HUFVUDSTADEN AB (publ) Ivo Stopner President Enquiries can be addressed to Ivo Stopner, telephone +46 8 762 90 00. ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

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Hufvudstaden provides office and retailing premises in prime locations in Stockholm and Gothenburg. The Company was founded in 1915 and is today one of Sweden's largest listed property companies and one of the strongest brands in the country in the property sector.