Kungsleden: Financial Statement, January 1-December 31, 2002


STOCKHOLM, Sweden, Feb. 20, 2003 (PRIMEZONE) -- Kungsleden (Other OTC:KGSDF) (Stockholm:KLED):


 -- Kungsleden's profit before tax was SEK 452 (380) m, or
    SEK 24 (20) per share.

 -- Proposed dividends are SEK 12.00 (10.50) per share -a 14 per cent 
    increase.

 -- Operating surplus increased by 28 per cent to SEK 818 (638)m.

 -- Forecast profit before tax for 2003 at least SEK 450 m.

 For more information, please contact:
 Jens Engwall, Chief Executive
 tel: +46 (0)8 503 05204
 mobile: +46 (0)70 690 6550

 Johan Risberg, CFO
 tel: +46 (0)8 503 05206
 mobile: +46 (0)70 690 6565

 This information was brought to you by Waymaker http://www.waymaker.net

 The following files are available for download:

 www.waymaker.net/bitonline/2003/02/20/20030219BIT01390/wkr0001.doc
 The full year-end report

 www.waymaker.net/bitonline/2003/02/20/20030219BIT01390/wkr0002.pdf
 The full year-end report