Klövern initiates repurchase of shares


The Board of Directors of Klövern AB (publ) has decided to initiate a
repurchase programme of Klövern's own shares in accordance with the
decision of the Annual General Meeting on 30 March 2009. The Annual
General Meeting has authorised the Board until the next AGM to
acquire own shares so that Klövern's total holdings amount to maximum
of 10 per cent of all of the shares in the company.

The purpose of the repurchase programme is, among other things, to be
able to make continuous adjustments of the company's capital
requirements and thus be able to contribute to increased shareholder
value. The shares will be acquired on Nasdaq OMX Nordic Exchange in
Stockholm at a price within the price interval registered from time
to time. At present, Klövern owns 5,741,463 Klövern shares.
Nyköping, 19 May 2009

Klövern AB (publ)

For further information, please contact:
Gustaf Hermelin, CEO, tel +46 155-44 33 10, +46 70-560 00 00,
gustaf.hermelin@klovern.se
Caesar Åfors, CFO and vice President, tel +46 155-44 33 02, +46
70-662 48 48, caesar.afors@klovern.se
Britt-Marie Einar, Finance and Information Manager, tel +46 155-44 33
12, +46 70-224 29 35,
britt-marie.einar@klovern.se

Klövern is a real estate company committed to working closely with
customers to meet their needs of premises and services in Swedish
growth regions. Klövern has business units in ten cities: Borås,
Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala,
Västerås and Örebro. As at 31 March 2009, the value of the properties
totalled approximately SEK 11.9 billion and the rental income on an
annual basis was approximately SEK 1.4 billion. The Klövern share is
listed on the Nasdaq OMX Nordic Exchange in Stockholm for
medium-sized companies.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel
+46 155-44 33 00, Fax +46 155-44 33 22.
Corporate registration no. 556482-5833. Registered office: Nyköping.
Website: www.klovern.se

Attachments

PR-Repurchase of shares ENG.pdf