Kungsleden divests property for SEK 30 m

Kungsleden divests property for SEK 30 m

Press Release
28 May 2009

Listed Swedish property company Kungsleden AB (publ) is selling one commercial
property in Karlstad, west of Stockholm, for a purchase price of SEK 30 m. The
sales price is consistent with acquisition cost.

The divested property has gross leasable area of 2,515 sq.m. The rental value
amounts to approximately SEK 2.8 m.

Transfer of possession is planned for 1 July 2009.

“It feels really positive that we're still selling properties at book value,”
commented Kungsleden's Chief Executive Thomas Erséus.

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 28 May 2009 at 9:00 a.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 divestments.
As of 31 March 2009, the property portfolio comprised 596 properties with a book
value of SEK 28.6 bn. The holding was located in a total of 132 municipalities,
although concentrated on the Swedish provinces of Götaland and Svealand, and the
Öresund region. Kungsleden has been quoted on the OMX Nordic Exchange Stockholm
since 1999.