Kungsleden Sells and make one acquisitions

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Kungsleden Sells and make one acquisitions The property company Kungsleden AB (publ) has in the third quarter sold 18 properties for SEK 23 million with no result. In early October two properties in Malmö, Vildanden 7 and 8, has been sold for a total price of SEK 59 million with a profit of SEK 8 million. The yield is 9% on sales price. The transaction will be booked in the fourth quarter. Kungsleden have also acquired a property in Hässleholm, Mården 7, for a total price of SEK 50 million. The property is an office- and retailproperty with an area of approximately 6.000 sqm and rental income of SEK 7,7 million. The initial yield is 11%. For further information, contact: Jens Engwall, Kungsleden's Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Johan Risberg, Kungsleden's CFO, tel: +46 (0)8 503 05206, mobile +46 (0)70 690 6565 [REMOVED GRAPHICS] Kungsleden's business concept is to own and manage properties with a high and stable long-term property yield. Kungsleden is an active participant in the change processes on the Swedish property market, by utilizing and enhancing its competencies in structuring heterogeneous property holdings. This implies Kungsleden's property holding frequently changing through acquisitions and disposals. Kungsleden's property portfolio comprises 431 properties with a book value of nearly SEK 9,5 bn. The holding is located in a total of 123 municipalities, and is concentrated on the Swedish provinces of Götaland and Svealand. Kungsleden has been quoted on the Stockholmsbörsen (Stockholm Stock Exchange) O-list since 14 April 1999.. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/08/20021008BIT00450/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/08/20021008BIT00450/wkr0002.pdf