Kia Orback Pettersson nominated as new Kungsleden Board member

Kia Orback Pettersson nominated as new Kungsleden Board member

Press Release 18 January 2010

The Nomination Committee has informed listed Swedish property company Kungsleden
AB (publ) that it will be proposing the election of Kia Orback Pettersson as a
Board member, and the re-election of the other Board members, namely Leif Garph,
Magnus Meyer, Jan Nygren, Jonas Nyrén, Per-Anders Ovin, Charlotta Wikström and
the company's CEO Thomas Erséus at the company's Annual General Meeting (AGM) on
28 April 2010. Additionally, the Nomination Committee will be proposing that
Per-Anders Ovin is elected as Chairman of the Board.

Kia Orback Pettersson has been a partner and project manager of strategy
consultants Konceptverkstan since 2004. her previous positions include Marketing
Director of Swedish broadsheet Dagens Nyheter, COO of retail jewellers Guldfynd
AB and CEO of Stockholm prime retail mall Sturegallerian. Kia Orback Pettersson
is Chairman of the Board of NAISvefa AB and a Board member of Jernhusen AB,
Tengbomgruppen AB, Forsen Projekt AB, Hemtex AB and Ticket Travel AB. Kia Orback
Pettersson is an economics graduate. 

The members of Kungsleden's Nomination Committee are KG Lindvall, Chairman,
representing Swedbank Robur fonder, Olle Florén, representing Olle Florén and
companies, Martin Jonasson, representing the Swedish Second Pension Insurance
Fund and Frank Larsson, representing Handelsbanken Fonder and Chairman of the
Board Per-Anders Ovin.

The Nomination Committee's complete proposals for resolution at the AGM 2010,
additional information on the nominated Board members, and a report on the work
of the Nomination Committee will be submitted by no later than at the
publication of the notice convening the AGM.

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 January 2009 at 9:00 a.m.

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

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 30 September 2009, the property portfolio comprised 580 properties with a
book value of SEK 21.1 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.