Increased profit after tax and stable profit in property management for Hufvudstaden

• Profit for the period after tax amounted to SEK 595.9 million (376.6). The increase can be attributed to unrealised changes in property values. • Gross profit from property management fell by 4.2 per cent to SEK 403.0 million (420.7) for comparable holdings. • Group net sales for the period amounted to SEK 667.6 million (687.4). The decrease can be attributed mainly to the sale of properties during 2004. The net rents for comparable holdings remained essentially unchanged. • The rental vacancy level at the period-end was 8.2 per cent (8.2 at the year-end). • Profit per share was SEK 2.89 (1.83). Stockholm, August 25, 2005 HUFVUDSTADEN AB (publ) Ivo Stopner President Appendix: Interim Report January – June 2005 For further information, please contact Ivo Stopner, CEO, or Magnus Jacobson, CFO, telephone +46 8-762 90 00.