Kungsleden divesting property in Malmö

Kungsleden divesting property in Malmö

Press Release
30 June 2008


Listed Swedish property company Kungsleden AB (publ) is divesting an office and
hotel property for a price of SEK 125 m. This property, designated Hamnen 22:2
is located at Malmö Central Station. The sales price is approximately SEK 18 m
above book value and SEK 35 m above acquisition value. This latter amount will
be included in Kungsleden's profit for calculating dividends for 2008.

The property has lettable floor-space of 7,800 sq.m.

Kungsleden discloses the information in this press release according to the
Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The
information was provided for public release on 30 June 2008 at 3:00 p.m.

For more information, please contact:
Thomas Erséus, Chief Executive, tel +46 (0)8 503 05204, mobile +46 (0)70 378
2024
Johan Risberg, Deputy Chief Executive, tel +46 (0)8 503 05206, mobile +46 (0)70
690 6565


Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se
Kungsleden's strategy is to ensure sustainable high and stable returns
proceeding from its existing holding, and through acquisitions and disposals. As
of 31 March 2008, the property portfolio comprised 590 properties with a book
value of SEK 27.2 bn. The holding is located in a total of 135 municipalities,
although concentrated on the Swedish provinces of Götaland and Svealand.
Kungsleden has been quoted on the OMX Nordiska Börsen since 1999.