Reported to the Copenhagen Stock Exchange via Company News Service on 16 May
2007.
The Supervisory Board of Keops EjendomsObligationer VII (Stockholm) A/S has
today held a Supervisory Board meeting at which the Group's interim report was
considered. The report is enclosed.
Summary:
Satisfactory interim profit in
Keops EjendomsObligationer VII (Stockholm) A/S.
The Group Keops EjendomsObligationer VII (Stockholm) A/S earned an interim
profit before tax and value adjustment of investment properties of DKK 4.6
million compared with DKK 15.4 million in the comparative period (10 months).
The primary reason for the decline is an exchange loss whereas the comparative
period included an exchange gain.
Revenue for the first six months amounts to DKK 98.1 million and is at the
level of the prospectus budget of DKK 98.6 million. At 31 March 2007, equity
amounts to DKK 75.8 million.
The Supervisory Board considers the achieved profit satisfactory.
The Group owns 11 properties located in and around Stockholm with a total area
of approx. 155,000 square metres. The Group recently i.a. concluded a 10-year
rental agreement with the Municipality of Haninge.
The value of the investment properties at 31 March 2007 amounts to DKK 2,394
million.
Value adjustment of properties and exchange adjustment of debt have been
recognised in the financial statement item value adjustment, investment
properties and debt, net and for the period represent DKK 23.7 million.
The Supervisory Board considers the achieved profit before tax and value
adjustment of investment properties and debt as satisfactory, and on this
basis, expectations of profit before tax and value adjustment of investment
properties and debt of approx. DKK 35 million are maintained.
Please address questions relating to this Notice to Senior Vice President
Torben Schultz or Head of Communications Susanne Lindø on telephone +45 3341
0000.
This document in the English language is a translation of the Danish original
document. In the event of inconsistency, the Danish version shall apply.
