Successful completion of private placement

Successful completion of private placement

Gothenburg, 25 January 2011: Fastighets AB Balder ("Balder" or the
"Company" - OMX: BALD B) has, in accordance with the press release 24
January 2011, completed a private placement of SEK 284,75 million. The
shares in the private placement were subscribed by above 60 Swedish and
international institutional investors. More than 70 % of the shares were
subscribed by international institutional investors, mainly Norwegian,
British and Finnish. The share issue was heavily oversubscribed.

Balder issued 6 700 000 new shares, series B, at a price of SEK 42,50
per share.  The subscription price                is 5,6 % lower than
the share price at close of NASDAQ OMX Stockholm 24 January 2011, and
1,8% lower than VWAP last 30 trading days. The private placement
increases the number of shares of series B from 94,078,280 to 100 778
028, and the total share capital increases from SEK 101 564 568 to SEK
108 264 568.

The proceeds from the private placement will be used to fund property
acquisitions and for general corporate purposes. The board of directors
has decided to deviate from the subscription right principle to enable a
diversification of the ownership structure and hence increase the
liquidity in the share and the shareholder value.

The private placement was managed by First Securities AS and Swedbank
AB.

Contact
Erik Selin, Balder CEO, +46 706 074 790
Marcus Hansson, Balder CFO, +46 768 369 848

About Balder
Balder is a real estate company listed on the NASDAQ OMX Stockholm, Mid
Cap. As of Q3 2010 Balder had assets worth approximately SEK 14.2
billion and a portfolio consisting of 54% commercial and 46% residential
property, with 2/3 of the portfolio located in the Stockholm and
Gothenburg regions.

Balder publishes this information in accordance with the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading
Act. The information was published on 25 January 2011 at 08.50 CET.

Fastighets AB Balder (publ)
Box 53121, 400 15  Göteborg
Tfn 031-10 95 70
Org. nr 556525-6905, Säte Göteborg
www.balder.se (http://www.balder.se)

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