INTERIM REPORT JANUARY - MARCH, 2011


INTERIM REPORT JANUARY - MARCH, 2011

Continued increase in value of the property at Stora Frösunda, Solna

Continuing operations       

  · Rental revenue during the year totaled SEK 27.4 M (27.2).
  · Operating profit during the year amounted to SEK 137.5 M (5.9).
  · Profit before tax for the year was SEK 128.2 M (loss: 29.1).
  · Profit after tax for the year amounted to SEK 93.5 M (loss: 23.4)
corresponding to SEK 8.09 per share (loss: 2.02).
  · Unrealized change in property value amounted to SEK 130.0 M (neg:
3.0)
  · Investments in continuing operations was SEK 0.2 M (-).

Discontinued operations

  · Comprehensive income from discontinued operations after tax amounted
to SEK 255.0 M (143.8) or SEK 22.05 per share (12.43)

Profit from continuing and discontinued operations

  · Profit after tax for the year amounted to SEK 348.5 M (120.4) or SEK
30.14 per share (10.41)

President and Chief Executive Officer Peter Hallgren comments:

  · The value of Catena's property at Stora Frösunda, Solna, continues
to increase as work on the detailed development plan proceeds. The
increase in value was SEK 29 M during the first quarter of 2011. The new
detailed development plan is scheduled to be exhibited during the third
quarter of 2011 and the City Planning Committee and the Municipal
Council are expected to issue their decisions during the fourth quarter
of 2011.

  · The divestment of Catena's entire property portfolio, with the
exception of the Stora Frösunda property, was implemented on February
15, 2011. Following the sale to Balder, Catena's Annual General Meeting
has decided to change the company's registered office from Gothenburg to
Solna.

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.

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 April 28, 2011, at 15.13 p.m.

Attachments

04282351.pdf