Kungsleden clarifies dividend policy

Kungsleden clarifies dividend policy

Press Release 18 August 2010

The Board of Directors of listed Swedish property company Kungsleden AB
(publ) has reviewed and clarified Kungsleden's dividend policy. As
previously, Kungsleden's dividend policy implies dividends of 50 per
cent of profit for calculating dividends. The Board of Directors'
ambition remains to maintain stable dividends with a high pay-out ratio.
When judging the amount of dividends, consideration shall be given to
the company's investment need, capital structure and financial position
otherwise.

 

 “We want to clarify that when reaching decisions on dividends, the
Board does, and always will, make an overall judgement of the company's
prospects and circumstances as part of a responsible long-term dividend
policy,” commented Per-Anders Ovin, Chairman of Kungsleden.

  

Kungsleden AB (publ) 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 18 August 2010 at 1:00 p.m.

For more information, please contact: Per-Anders Ovin, Chairman of the
Board, Tel: +46(0)70 508 9105