Bo Wikare appointed as Vice President of Hufvudstaden

The Hufvudstaden AB Board of Directors has decided to appoint Bo Wikare as Vice
President, effective October 1, 2014.

Bo Wikare has been employed by Hufvudstaden since 1994 and he has held several
executive positions within the Group, most recently as Head of the Stockholm
City East Business Area. Bo Wikare has been a member of the Executive Management
since 1997.

In the future, Hufvudstaden intends to increase its focus on business
development and commercial projects and Bo Wikare will, in addition to his role
as Business Area Head, assume greater responsibility for group business
development.

"Bo Wikare's long experience and broad-based expertise within the property
sector is a valuable asset to the company now that we are aiming to increase our
focus on business development in the office and retailing segments in both
Stockholm and Gothenburg," says Ivo Stopner President of Hufvudstaden.

Stockholm, September 29, 2014

HUFVUDSTADEN AB (publ)

Ivo Stopner
President

Questions can be answered by:
Ivo Stopner, President, telephone +46 (0)8-762 90 00.