INTERIM REPORT JANUARY

INTERIM REPORT JANUARY - JUNE, 2010 

Catena reports best earnings to date 


  · Rental revenue during the period totaled SEK 90.7m (99.8). 
  · Income from property management amounted to SEK 57.5m (53.9), or SEK
4.97 per share (4.66). 
  · Profit before tax for the period was SEK 186.2m (49.8).  
  · Profit after tax for the period amounted to SEK 195.1m (38.0), or
SEK 16.87 per share (3.29). 
  · Realized change in value included in profit before tax amounted to
SEK 57.2m (3.2) 
  · Unrealized change in value amounted to a profit of SEK 71.5m (loss:
7.3), for which property accounts for a profit of SEK 68.0m (loss: 1.9)
and derivatives for a profit of SEK 3.5m (loss: 5.4). 
  · Investments in existing portfolio amounted to SEK 9m (32) during the
period.   

Peter Hallgren, President and CEO: 

  · Catena reports its best income from property management and
after-tax profit since the company's listing in 2006.
  · On final settlement, the sale of the Norwegian properties and one
property in Denmark generated a capital gain of SEK 57.2m. At the same
time, the sales resulted in a reduction of approximately SEK 11m in
rental revenue during the first six months of the year. For remaining
properties, rental revenue increased by about SEK 2m.
  · The unrealized change in value of SEK 68m was largely attributable
to the property in Haga Norra, Solna, where Catena and the City of Solna
are jointly implementing a new detailed development plan. Approval of
the new detailed development plan is expected to occur during 2011.
  · Catena's future focus, following the divestments in Denmark and
Norway, will be on metropolitan regions in the Swedish market and on
continuing to add value to the existing portfolio.

 

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 (http://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 August 18, 2010, at 08.15 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
INTERIM REPORT JANUARY - JUNE, 2010

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