INTERIM REPORT JANUARY - MARCH, 2010

INTERIM REPORT JANUARY - MARCH, 2010

Catena reported a significant improvement in income from property management

• Rental revenue during the period totaled SEK 51.7m (49.6).

• Income from property management amounted to SEK 33.9m (25.2), or SEK 2.93 per
share (2.18).

• Profit before tax for the period was SEK 78.9m (29.9). 

• Profit after tax for the period amounted to SEK 124.8m (24.2), or SEK 10.79
per share (2.09).

• Realized change in value included in profit before tax amounted to SEK 39.6m
(2.6)

• Unrealized change in value amounted to a profit of SEK 5.4m (profit: 2.1), for
which property accounts for a profit of SEK 4.6m (profit: 11.4) and derivatives
for a profit of SEK 0.8m (loss: 9.3).

• Investments in existing portfolio amounted to SEK 1m (23) during the period.



Peter Hallgren, President and CEO:

• The successful leasing and low financial expenses are now yielding results in
the form of a significant improvement in income from property management. The
improvement is up 34.5 percent compared with the year-earlier period. This
result was achieved despite approximately SEK 2.4m being charged against profit
due to the extreme winter weather.

• The realized change in value resulting from the sale of the properties in
Norway was about SEK 39.6m. Final settlement will take place in May/June 2010.
The transaction strengthened Catena with the equity/assets ratio rising to 42.7
percent.

• With its strengthened financial position, Catena will continue to develop and
improve its existing portfolio at the same time as acquisitions will be
continuously evaluated.

• The sale of the property on Jagtvej in Copenhagen will be reported in the
second quarter of 2010.


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 28, 2010, 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. 


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