Castellum sells properties with a capital gain of SEKm 30

Castellum has, through two subsidiaries, sold properties in Gothenburg and Malmö totaling SEKm 57 with a capital gain of SEKm 30.

During the end of 2003 two smaller properties with a total area of
1,900 sq.m were sold by Fastighets AB Briggen in Malmö. The selling
price for the two properties amounted to SEKm 12 with a capital gain
of SEKm 1. Both properties were at the time of sale fully let.

In the beginning of 2004 Eklandia Fastighets AB sold three
residential properties with a total area of 3,200 sq.m in Vasastaden
in Gothenburg to a new tenant-owners' association which will take
possession of the properties in January 2004. The selling price
totaled SEKm 39 with a capital gain of SEKm 26.

Further more Eklandia has sold a smaller warehouse and industrial
building containing 1,700 sq.m. lettable area in Gamlestaden in
Gothenburg for SEKm 6 with a capital gain of SEKm 3.

Castellum is one of the major listed real estate companies in Sweden.
The book value of the real estate portfolio amounts to SEK 14
billion, which 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.

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

The press release can be downloaded from the following link: