Kungsleden’s Annual General Meeting

Listed Swedish property company Kungsleden AB (publ) held its Annual General
Meeting (AGM) on Thursday. The Meeting approved the Board of Directors’ proposed
dividend of SEK 2.60 per share. The record date was set at 24 April 2012, and
the dividend is scheduled for disbursement by Euroclear Sweden AB on 27 April
2012.
In his address to the AGM, Chief Executive Thomas Erséus reviewed the financial
year 2011 and current market conditions. The Chief Executive’s address was
recorded on video, and will be available at Kungsleden’s website,
www.kungsleden.se, from 20 April 2012 onwards.

The AGM discharged the Board
members and Chief Executive from liability for the financial year 2011.

The
Meeting resolved to reduce the number of Board members from eight to
seven.

The following Board members were re-elected: Håkan Bryngelson, Joachim
Gahm, Lars Holmgren, Kia Orback Pettersson, Biljana Pehrsson, Magnus Meyer and
Charlotta Wikström. Håkan Bryngelson was also elected as Chairman of the
Board.

The Meeting appointed Peter Gustafson representing Olle Florén and
companies, Eva Gottfridsdotter-Nilsson representing Länsförsäkringar
Fondförvaltning, Peter van Berlekom representing Nordea Fonder and Frank Larsson
representing Handelsbanken Fonder as members of the Nomination Committee. Håkan
Bryngelson is a member in his capacity as Chairman of the Board.

The Meeting
adopted the Board of Directors’ proposal on remuneration guidelines for senior
managers.
For more information, please contact:

Håkan Bryngelson, Chairman of the Board
| tel: 46 (0)70 545 3655

www.kungsleden.se
Detta pressmeddelande finns tillgängligt på svenska på
www.kungsleden.se/pressmeddelanden 

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 19 April 2012 at 4:30 p.m.

Kungsleden’s strategy is to
ensure sustainable high and stable returns proceeding from its existing holding,
and through acquisitions and divestments. As of 31 December 2011, the property
portfolio comprised 636 properties with a book value of SEK 26.1 bn. The
portfolio was located in a total of 143 municipalities, mainly in southern and
central Sweden. Kungsleden has been quoted on the Nasdaq OMX Stockholm since
1999.