INTERIM REPORT JANUARY

Second quarter

  · Rental revenue SEK 6.6 M (6.9)
  · Operating profit SEK 3.8 M (1.5)
  · Profit before tax SEK 1.4 M (0.8)
  · Unrealized changes in property value SEK -0.5 M (1.3)
  · Investments in continuing operations SEK 0.5 M (1.3)
  · Profit after tax SEK 1.1 M (-0.3)
  · Rental revenue SEK 13.3 M (13.8)
  · Operating profit SEK 22.6 M (31.5)
  · Profit before tax SEK 17.9 M (32.6)
  · Unrealized changes in property value SEK 14.3 M (30.3)
  · Investments in continuing operations SEK 0.7 M (1.7)
  · Profit after tax SEK 13.3 M (90.7)

The period January-June

  · Rental revenue SEK 13.3 M (13.8)
  · Operating profit SEK 22.6 M (31.5)
  · Profit before tax SEK 17.9 M (32.6)
  · Unrealized changes in property value SEK 14.3 M (30.3)
  · Investments in continuing operations SEK 0.7 M (1.7)
  · Profit after tax SEK 13.3 M (90.7)

CEO Andreas Philipson comments

In the second quarter, we continued to focus on completing the zoning plan and
development contract for Haga Norra. Accordingly, this work involves no major
changes since the beginning of the year. The zoning plan was exhibited ahead of
the summer, and its definitive approval by the City of Solna is expected in the
fall. This process is a key component for us being able to realize the future
Haga Norra, with new housing and workplaces.

The response has been positive in the ongoing letting work to find tenants for
the site. We also believe strongly that Haga Norra is attractive. It is
centrally located in the new Solna-Stockholm district, which is an up-and-coming
area between Hagastaden, Frösunda, the Mall of Scandinavia and the National
Arena.

We also strengthened our organization, appointing Lars Lindvall as our new CFO.
Lars’ previous positions include being an accounting and corporate consultant,
as well as holding executive positions in the Norsk Hydro group.

Otherwise, operating activities progressed as planned, with continued stable
cash flow from tenants. Profit before tax was SEK 17.9 M, compared to SEK 32.6 M
in the corresponding period of the previous year. The difference is mainly in a
lower value increase on properties. We have unchanged property values compared
to the first quarter. Compared to a year ago, the difference is an increase of
SEK 73 M.

For information, please contact Andreas Philipsson, President and CEO, tel +46
-702097760
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
August 9, 2012, at 08.00 a.m.
Catena shall own, effectively manage and actively develop well situated real
estate with the potential to generate steadily growing cash flow and healthy
value growth. Catena’s overriding objective, based on its focused orientation,
is to provide shareholders with a favourable, long-term total return.
For more information about Catena, visit
www.catenafastigheter.se (http://www.catenafastigheter.se/)
INTERIM REPORT JANUARY – JUNE 2012

Attachments
