Market Value of Hufvudstaden's Property Portfolio SEK 15.3 Billion


STOCKHOLM, Sweden, May 05, 2003 (PRIMEZONE) -- Hufvudstaden:

- The market value of Hufvudstaden's property portfolio is SEK 15.3billion, giving a net worth per share after tax (28 per cent) ofSEK 38.

- Profit after net financial income and expense amounted to SEK 94.3million (134.0). The decrease can be attributed to costs for therebuilding projects at NK Stockholm and Norrmalmstorg 1.

- Excluding costs for special projects, gross profit from property management amounted to SEK 184.1 million (186.8).


HUFVUDSTADEN AB (publ)
Questions will be answered by Ivo Stopner, CEO
or
Magnus Jacobson, CFO, telephone +46 8 762 90 00

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