Castellum's income from property management improved by 8% and a dividend of SEK 2.85 is proposed

Castellum's income from property management improved by 8% and a dividend of SEK 2.85 is proposedRental income for 2006 amounted to SEKm 2,014 (SEKm 1,907 previous year).Net income after tax for the year amounted to SEKm 1,674 (1,294), equivalent to SEK 10.21 (7.89) per share. Income from property management improved by 8% to SEKm 883 (820), equivalent to SEK 5.38 (5.00) per share. The Board proposes a dividend of SEK 2.85 (2.62) per share, corresponding to an increase of 9%. Income from property management for the year, i.e. net income excluding changes in value and tax, amounted to SEKm 883 (820), equivalent to SEK 5.83 (5.00) per share. The improvement is 8% and is chiefly an effect of investments made, and lower interest rate costs. During the year changes in value on properties and derivatives amounted to, respectively SEKm 1,145 (932) and SEKm 178 (-40). During the year investments totalling SEKm 2,283 (1,357) were made, of which SEKm 1,292 (760) were acquisitions and SEKm 991 (597) investments in existing properties. Further, 12 (25) properties were sold for a total of SEKm 460 (468) which gave SEKm 83 (71) in realized result. "Besides a good result there are two things I would like to point out - our successful leasing activity with SEKm 120 in positive net leasing, and a higher pace of investments, totalling SEK 2.3 billion in interesting properties" comments Castellum's CEO, Håkan Hellström. "It feels good to bring this into the new year in order to meet the rising interest rates", adds Håkan Hellström. At today's meeting, the Board of Directors decided on the following proposals for the Annual General Meeting: - a dividend of SEK 2.85 per share and Tuesday, March 27, 2007 as record day for dividend, - a renewed mandate for the Board to decide on purchase and transfer of own shares. Enclosure: Year-end Report 2006 Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 24 billion, and comprises mainly commercial properties. The real estate portfolio is owned and managed by six wholly owned subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen and Eastern Götaland. The Castellum share is listed on OMX - Nordic list Large cap. For further information, please contact Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56Attachment: Year-end Report 2006 Text version / Internet version / Print / Close