Mandamus sells holdings of its own shares

Mandamus sells holdings of its own shares Mandamus has sold its entire holding of its own shares, corresponding to 3.04 per cent of the total number of shares issued. The sale took place at an average price of SEK 68.50, and the company's total holding of its own shares after this sale is zero. The purpose of the sale was to facilitate financing of planned property acquisitions. All other things being equal, the sale means a rise of just under SEK 43m in group shareholder's equity to SEK 1,386m. The visible equity ratio, which was 22.8 per cent at year-end, has now risen to 23.4 per cent. Please address any queries to Mandamus' Managing Director Anders Johansson on phone +46-8-566 13000 or e-mail anders.johansson@mandamus.se, or Deputy Managing Director Bengt Evaldsson on phone +46-8-566 130 00, e-mail bengt.evaldsson@mandamus.se . Mandamus is a property company that aims to own, develop and manage residential properties with a high yield, mainly in growth areas in Southern and Central Sweden. Mandamus owns properties with a book value of around SEK 5,700m, yielding an annual rental income of some SEK 900m. The company also part-owns and manages a property stock with a book value of around SEK 1,400m and a rental income of around SEK 250m annually. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/02/11/20020211BIT01160/bit0002.doc http://www.waymaker.net/bitonline/2002/02/11/20020211BIT01160/bit0002.pdf