Castellum acquires properties for SEKm 37

Castellum has through two of the subsidiaries made property acquisitions in Helsingborg and Uppsala.

Fastighets AB Briggen has acquired an unleased property in
Helsingborg of approx. 8,600 sq.m. for SEKm 26. The property
comprises 7,000 sq.m. warehouse premises and 1,600 sq.m. office
premises. Briggen will take possession of the property no later than
September 2004 or earlier on demand.

Aspholmen Fastigheter AB has acquired a property in Uppsala of
approx. 2,600 sq.m. for SEKm 11. The property comprises warehouse and
office premises as well as an unutilised building permission of
approx. 3,000 sq.m. The property is presently fully let. Through the
acquisition the company will further strengthen its presence in the
Boländerna area. Over time the area, in which Aspholmen Fastigheter
has an active role, has developed towards a greater share of commerce
and is today considered as one of three external commercial areas in
Uppsala. The property was taken over on December 18th, 2003.

Castellum is one of the major listed real estate companies in Sweden.
The book value of the real estate portfolio amounts to approx. SEK 14
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, telephone +46 31-60 74 00 / mobile +46 705-92
06 70

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