INTERIM REPORT JANUARY - MARCH, 2009

INTERIM REPORT JANUARY - MARCH, 2009

Catena reports positive earnings after tax 

• Rental revenue during the period totaled SEK 49.6 M (46.1).
• Income from property management amounted to SEK 25.2 M (20.9), or SEK 2.18 per
share (1.81).
• Profit before tax for the period was SEK 29.9 M (20.8). 
• Profit after tax for the period amounted to SEK 24.2 M (13.5), or SEK 2.09 per
share (1.17).
• Realized change in value included in profit before tax amounted to SEK 2.6 M
(-)
• Unrealized change in value amounted to a profit of SEK 2.1 M (loss: 0.1), for
which property accounts for a profit of SEK 11.4 M (profit: 5.4) and derivatives
for a loss of SEK 9.3 M (loss 5.5).
• Investments in existing portfolio amounted to SEK 23 M (27) during the period.


Peter Hallgren, President and CEO:

• Current operations in Catena continue to progress favourably. Catena's income
from property management during the first quarter was SEK 25.2 M, an increase of
20 percent compared with the corresponding period in 2008. We assess that during
2009 we will have continued strong development of income from property
management. The actual earnings capacity at March 31, 2009 is reported in the
Interim Report.
• The sale of approximately 3,800 square meters of undeveloped land with
building rights in Lilleström yielded a capital gain of SEK 2.6 M, which is
reported in the first quarter of 2009.

• The value of the property portfolio was appreciated upward by about SEK 11 M
at March 31, 2009, due mainly to forein currency effects and investments made,
including our project for Vestas in the Svågertorp commercial area in Malmö.
This investment totaled SEK 72 M and the tenant moved in at the end of March. 

For information, please contact Peter Hallgren, President and CEO, tel
+46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35

N.B. This is a translation from Swedish. The Swedish version shall always take
precedence.

The Interim Report can be downloaded from www.catenafastigheter.se


This information is such that Catena AB (publ) must release it publicly in
accordance with the Swedish Securities and Clearing Operations Act and/or the
Financial Instruments Trading Act. The information was released to the public on
April 29, 2009, at 15.15 p.m.


Catena shall own, effectively manage and actively develop commercial real estate
in prime locations that offers the potential to generate steadily growing cash
flow and favorable value growth. Catena's overriding objective is to provide
shareholders with a favorable, long-term total return by being one of the
leading players involved in commercial real estate in a number of strategic
locations.