Strong growth in profit for Hufvudstaden

Strong growth in profit for Hufvudstaden for 2002 · Profit after net financial income and expense amounted to SEK 453.2 million (380.5). Adjusted for items affecting comparability, profit amounted to SEK 429.4 million (361.6). · Net rents from property management compared with the preceding year increased by 9.0 per cent and the gross profit by 13.7 per cent. · Rental income will increase by 32 per cent on renegotiated leases. · The board proposes an increased dividend to SEK 1.10 (1.00) per share. · The board proposes authorization to acquire the company's own shares. Stockholm, February 13, 2003 HUFVUDSTADEN AB (publ) Ivo Stopner President Enclosure: Year-end report 2002 Questions will be answered by Ivo Stopner and Magnus Jacobson, 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/2003/02/13/20030213BIT00720/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2003/02/13/20030213BIT00720/wkr0002.pdf The Full Report

About Us

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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