Hufvudstaden receives supplemental payment of SEK 20 M for Liljeholmen properties

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Hufvudstaden receives supplemental payment of SEK 20 M for Liljeholmen properties Hufvudstaden divested the site leasehold properties Stora Katrineberg 16 och Stubinen 2 in Liljeholmen in Stockholm with completion date as of December 19, 2000. The purchase price amounted to SEK 900 M. Hufvudstaden has now received a supplemental payment of SEK 20 M due to the fact that one building right has been created on the property Stora Katrineberg 16. The payment will be recognised as revenue during 2001. Furthermore, Hufvudstaden has the possibility of receiving another supplemental payment totaling a maximum of SEK 50 M during the next five years, depending on whether certain additional building rights can be created on the properties. Stockholm, March 14, 2001 HUFVUDSTADEN AB (publ) Ivo Stopner President Questions will be answered by Ivo Stopner, telephone +46 8 762 90 00. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/14/20010314BIT00570/bit0001.doc http://www.bit.se/bitonline/2001/03/14/20010314BIT00570/bit0001.pdf

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