Interim Report for Piren AB January - September 2000

Interim Report for Piren AB January - September 2000 * Earnings from core operations totalled SEK 125 million, an increase of 45 percent. * Sales at Piren's shopping centres rose 10 percent the first nine months. * Piren's new shopping centre in central Copenhagen, Fisketorvet Shopping Centre, opened as scheduled on October 10. v Rodamco Europe owns 99.5 percent of the shares in Piren. The process of compulsory redemption process of the remaining shares outstanding in Piren has been initiated. * After application from the Board of Directors of Piren, Piren was delisted from the OM Stockholm Exchange on September 28. 2000 1999 1999 Jan 1- Jan 1- Jan 1-Dec Sept 30 Sept 30 31 Rental income, SEK million 479 441 597 Profit from core operations, 125 86 125 SEK million Income before tax, SEK 125 86 125 million Profit for the period, SEK 120 86 125 million Equity, SEK million 2,244 2,157 2,196 Equity ratio, percent 30 33 32 A complete Interim Report is shown on the following pages. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/26/20001026BIT00840/bit0001.doc The full report http://www.bit.se/bitonline/2000/10/26/20001026BIT00840/bit0002.pdf The full report