Castellum invests SEKm 44

Castellum has through the subsidiaries Harry Sjögren AB and
Fastighets AB Corallen acquired two commercial properties for SEKm
44.

Harry Sjögren AB has acquired an office property of approx. 7,000
sq.m. in Mölndal for SEKm 29. The property holds an unutilized
building permission of approx. 5,000 sq.m. The occupancy rate was
approx. 85% at time of taking possession in June 2004.

Fastighets AB Corallen has acquired an almost empty warehouse
property of approx. 5,000 sq.m. in Jönköping for SEKm 15. Date of
taking possession was June 28, 2004.

The press release can also be downloaded from the enclosed link.

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 Stockholmsbörsen's O-list.

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