Proposals to the Annual General Meeting in Castellum AB

Gothenburg, February 18, 2003

At the Annual General Meeting of shareholders in Castellum AB on March 20, 2003, the following proposal for election of the Board of Directors and Auditors will be put forward. The proposal is supported by shareholders representing about 35 % of the capital and votes.

Re-election will be proposed for all of the members of the Board, Jan Kvarnström, Mats Israelsson, Lars-Erik Jansson, Gunnar Larsson, Stig-Arne Larsson and Göran Lindén and new-election of Ulla-Britt Fräjdin-Hellqvist.

Re-election will be proposed for Caj Nackstad and new-election of Ingemar Rindstig as company auditors and new-election of Conny Lysér as deputy auditor, all authorised public accountants.

The Board will propose a prolonged authorization for the Board, until the next AGM, to purchase and transfer own shares.

Furthermore, the Board will propose a dividend of SEK 7.50 per share and March 25, 2003 as record day for dividend.

In accordance with the regulations of the Articles of Association, the notice to attend the AGM, including the proposals of the Board as well as other items on the agenda, are published in the Swedish newspapers Post & Inrikes Tidningar, Svenska Dagbladet and Göteborgs-Posten.

 

Castellum is one of the major listed real estate companies in Sweden. The book value of the real estate portfolio amounts to SEK 13 billion, and comprises mainly commercial properties. The real estate portfolio is owned and managed by six subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Western Småland and Mälardalen. The Castellum share is listed on the Stockholmsbörsens O-list, Attract 40.

 
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