Increased profit for Hufvudstaden

Interim Report January - June 2004 Increased profit for Hufvudstaden · Profit for the period after tax amounted to SEK 512.2 million (162.3). The increase can be attributed mainly to profit on the sale of properties, totalling SEK 316 million after tax. · Excluding special projects, gross profit from property management increased by 3.4 per cent to SEK 391.4 million (378.6). · Net sales for the Group for the period amounted to SEK 687.4 million (679.0) · The rental vacancy level at the period-end was 9.1 per cent (8.3 at the year-end for comparable holdings) · Profit per share was SEK 2.48 (0.77). · Massimo Dutti new store tenant in Norrmalmstorg 1 Stockholm, August 24, 2004 HUFVUDSTADEN AB (publ) Ivo Stopner President Appendix: Interim Report January - June 2004 For further information, please contact Ivo Stopner, CEO, or Magnus Jacobson, CFO, telephone +46 8-762 90 00. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/08/24/20040824BIT00150/wkr0001.pdf The full report

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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.

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