Fabege signs 13,500 m2 lease with Carnegie and Max Matthiessen

Fabege signs 13,500 m2 lease with Carnegie and Max Matthiessen

Carnegie Investment Bank AB and Max Matthiessen AB have signed deals to move
into Fabege's properties at Regeringsgatan-Lästmakargatan in central Stockholm.
The agreement with Carnegie covers about 9,000 m2, including 1,000 m2 of storage
space, and runs for ten years and the agreement with Max Matthiessen covers
4,500 m2 and has a term of five years. The rent for the office space is SEK
3,800/m2, not including supplements.

The buildings, which are located at Lästmakargatan 22-24 and Regeringsgatan 56,
will be thoroughly redeveloped, including new extensions, before Carnegie and
Matthiessen move in during the third and fourth quarters, respectively, of 2009.

Work on the project in the block (Bocken 35 and 46) will begin in autumn 2007.
It forms part of the ongoing reshaping and renewal of the area around
Kungsgatan, which is now firmly established as part of Stockholm's financial
centre.  

“We are very happy that Carnegie and Max Matthiessen have chosen to move to our
property, where they will benefit from efficient, modern premises in an
excellent location in Stockholm City”, Christian Hermelin, Fabege's CEO, says.

“The string of modernisation projects and new deals recently shows that the area
around Kungsgatan has become more attractive, which is very positive for Fabege
in view of our extensive property holdings in the area”, Christian Hermelin
says.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Roger Johansson, CFO, phone +46 (0)8-555 148 13, +46 (0)70-374 42 85
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555
148 20, +46 (0)733-87 18 20

Fabege AB (publ) is one of Sweden's leading property companies. The book value
of the company's property portfolio is approx. SEK 26.8 billion. The portfolio,
which is concentrated to the Stockholm region has an annualised rental value of
SEK 2.2 billion and a lettable area of 1.4 million square metres. Fabege's
shares are listed on the Stockholm Stock Exchange, Large cap segment.