D. Carnegie & Co insources management of its property portfolio through Graflunds

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) acquired during
the summer the property portfolio of Hyresbostäder i Sverige II AB (“HBS II) and
thereby became the largest listed purely residential property company in Sweden.
The acquisition also included Graflunds, a very experienced and competent
management organization, which will now manage all of the Group's properties.
Graflunds has a full range and competent property management organization dating
back more than 50 years. One of the intentions with the acquisition of HBS II
was to coordinate D. Carnegie & Co:s property manager Stendörren and Graflunds,
thereby creating one of Sweden's most experienced and professional property
management teams. Through this reorganization, D. Carnegie & Co will be able to
operate and manage its properties with own staff.

This will now be implemented, as Graflunds from October 1st, 2014, will assume
the management duties for a number of additional properties in Husby, Rinkeby,
Flemingsberg (Visättra), Varberg and Sollentuna. The assignment includes more
than 3,900 residential apartments and some additional commercial space.

In total, D. Carnegie & Co will by Graflunds manage approximately 13,000
residential apartments. Graflunds has its head office in Eskilstuna, where the
financial administration is also handled.

The Graflunds organization includes management offices at the different
locations.

For further information, please contact:

Ulf Nilsson, CEO, D. Carnegie & Co

+46 (0)8 121 317 00

Per-Axel Sundström, CFO D. Carnegie & Co

+46 (0)8 121 317 00

About D. Carnegie & Co

D. Carnegie & Co is a real estate company focusing on residential properties
within the Stockholm region and other growth areas. The Company’s business
concept is to own and manage its real estate portfolio and to gradually
refurbish apartments in connection with the natural turnover of tenants. This
can take place quickly and cost-efficiently due to the Company’s established
refurbishment method, BosystemTM. The refurbishment model is popular with both
tenants and the Swedish Union of Tenants (Sw. Hyresgästsföreningen) as the
apartments are attractively refurbished without any tenants being forced to
vacate their apartments.

Following the acquisition of HBS II during the summer of 2014, the company has a
property portfolio valued at more than SEK 10 billion, consisting of
approximately 13,000 apartments concentrated around Stockholm and Mälardalen.

D. Carnegie & Co is listed on NASDAQ OMX First North since 9 April 2014. The
Company’s Certified Adviser is G&W Fondkommission.