Castellum sells properties with a capital gain of SEKm 33 and make investments for SEKm 42

Gothenburg, October 7, 2002

The real estate company Castellum has, through its subsidiaries, sold four properties at a total of SEKm 82 with a capital gain of SEKm 33. Castellum has also acquired two properties at a total of SEKm 42.

Eklandia Fastighets AB has, during the third quarter, sold a residential property of 2,735 sq.m. in Linnéstaden, Gothenburg, to a new tenant-owners’ association. The sales price amounted to SEKm 34 with a capital gain of SEKm 15.

Aspholmen Fastigheter AB has sold the last remaining residential property of 1,870 sq.m. in Köping and Harry Sjögren AB has sold a smaller office property of 1,642 sq.m. in Borås. The total sales price amounted to SEKm 10 which correspond to booked value.The sale of the residential property in Köping means that Castellum has concentrated its residential property holdings to central and attractive parts of Gothenburg and Helsingborg.

Fastighets AB Briggen has acquired two properties in Malmö with a total of 8,330 sq.m. at a total of SEKm 42. One of the properties is located in the Östra Hamnen area and the other is located in the Fosie area. Both properties are in category warehouse/industrial/logistic. Since earlier the company owns a number of properties in these areas.

During October Fastighets AB Briggen has sold a residential property of 1,867 sq.m. located by Drottninggatan in the northern parts of Helsingborg, to a new tenant-owners’ association. The sales price amounted to SEKm 38 with a capital gain of SEKm 18. This sale will be accounted during the fourth quarter.

For further information, please contact
Lars-Erik Jansson, CEO, phone +46 31 60 74 00 / mobile +46 705-92 06 70

Håkan Hellström, CFO/deputy CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56