Catena continues to streamline its portfolio - sells properties in Norway for approximately NOK 480 million

Catena continues to streamline its portfolio - sells properties in Norway for
approximately NOK 480 million

Catena has sold its property portfolio in Norway, comprising four properties in
the Oslo region.

The properties were sold for approximately NOK 480 million (corresponding to
about SEK 575 million), 8 per cent above the appraisal value on 31 December
2009. The capital gain will amount to about SEK 35 million or SEK 3.05 per
share.

The properties have a combined floor space of 32,200 square metres and account
for 23 per cent of Catena's total property portfolio.

The sale will be recognised in the company's accounts in the first quarter of
2010 and will be implemented as a corporate transaction. Transfer of the
properties is planned for 22 April 2010.

The sale was previously announced when negotiations began in February 2010.

“The divestment will result in an increased focus on the Swedish operations,
which, following the sale, will account for 94 per cent of Catena's properties.
This transaction will strengthen Catena's financial position and provide us with
an opportunity to further develop our property portfolio,” says Peter Hallgren,
President of Catena.

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

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. 

For more information about Catena, visit www.catenafastigheter.se