Kungsleden concludes divestment with Corem Property Group

Kungsleden concludes divestment with Corem Property Group

Press Release 2010-03-31

On 22 December 2009, listed Swedish property company Kungsleden (publ) announced
an agreement to sell 22 commercial properties for a total net purchase price of
SEK 460 m after deducting for deferred tax and excluding transaction costs. This
transaction was conditional on arranging funding. The transaction is now
unconditional and can thus be concluded. The transaction will be reported in the
financial statement for the first quarter 2010.

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 31 March 2010 at 16:00 p.m.

For more information, please contact:
Thomas Erséus, CEO Kungsleden | phone +46 8 503 052 04 | mobile +46 70 378 20 24
Johan Risberg, Deputy CEO Kungsleden | phone +46 8 503 052 06 | mobile +46 70
690 65 65

This press release is available in Swedish at www.kungsleden.se

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 2009, the property portfolio comprised 585 properties with a
book value of SEK 21.9 bn. The holding was located in a total of 130
municipalities, although concentrated on the Swedish provinces of Götaland and
Svealand, and the Öresund region. Kungsleden has been listed on Nasdaq OMX
Stockholm since 1999.