YEAR-END REPORT, 2009


YEAR-END REPORT, 2009

Catena´s income from property management increased 40 %

· Rental revenue during the period totaled SEK 203.3 M (189.3).

· Income from property management amounted to SEK 124.5 M (89.2), or SEK 10.77
per share (7.71).

· Profit before tax for the period was SEK 161.7 M (-200.2). 

· Profit after tax for the period amounted to SEK 120.4 M (-131.9), or SEK 10.41
per share (-11.41).

· Realized change in value included in profit before tax amounted to SEK 3.2 M
(4.3)

· Unrealized change in value amounted to a profit of SEK 34.0 M (loss: 293.7),
for which property accounts for a profit of SEK 34.7 M (loss: 260.2) and
derivatives for a loss of SEK 0.7 M (loss: 33.5).

· Investments in existing portfolio amounted to SEK 39 M (128) during the
period.

· The Board of directors proposes a dividend of SEK 5.75 per share (5.25).



Peter Hallgren, President and CEO:


· Profit from management operations improved by 39.6%, primarily as a result of
lower interest rates but also due to strong rental operations. Leases totalling
SEK 14.2 million in annual rent were signed in 2009. These new contracts
entailed an increased number of new tenants. However, car dealers remain the
dominant tenants. 

· Catena experienced favourable growth in its property portfolio as a result of
the recovery in the Norwegian property market. New leases and completed
investments in Sweden also had a favourable effect on the properties' values. 

· The company's financial targets were achieved with a healthy margin. The
interest-coverage ratio is currently at a multiple of 4.0 and equity/assets
ratio at 34.1 %.

· Catena experiences strength in its long-term leases in times of uncertainty.
The company deems the vacancy risk as minor, since its properties have strategic
and attractive locations.



For information, please contact Peter Hallgren, President and CEO, tel
+46-31-760 09 32, or Rune Jonsson, CFO, tel +46-31-760 09 35



N.B. This is a translation from Swedish. The Swedish version shall always take
precedence.



The Interim Report can be downloaded from www.catenafastigheter.se



This information is such that Catena AB (publ) must release it publicly in
accordance with the Swedish Securities and Clearing Operations Act and/or the
Financial Instruments Trading Act. The information was released to the public on
February 23, 2010, at 08.45 a.m.

Catena shall own, effectively manage and actively develop commercial real estate
in prime locations that offers the potential to generate
steadily growing cash flow and favorable value growth. Catena's overriding
objective is to provide shareholders with a favorable, long-term total return by
being one of the leading players involved in commercial real estate in a number
of strategic locations.

For more information about Catena, visit www.catenafastigheter.se

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