Castellum invests SEKm 183

Castellum has through the subsidiaries Fastighets AB Corallen, Harry
Sjögren AB, Eklandia Fastighets AB and Aspholmen Fastigheter AB
acquired two commercial properties for SEKm 106 and decided on
investments of SEKm 77.

Fastighets AB Corallen has acquired an office and industrial property
of approx. 9,600 sq.m. in the A6-area in Jönköping for SEKm 80. The
occupancy rate will be approx. 85% at the time of taking possession
on October 1, 2004.

Harry Sjögren AB has acquired an office and industrial property of
approx. 3,400 sq.m. in the Borgås/Varla area in Kungsbacka for SEKm
26. The property holds an unutilized building permission of approx.
1,000 sq.m. The property was fully let at the time of taking
possession on September 1, 2004.

As part of a new leasing of approx. 12,000 sq.m. in the Skår area in
Gothenburg to the Police authority, Eklandia Fastighets AB will make
an investment of SEKm 50. The main part of the investment refers to
an extension of 4,700 sq.m. Time for moving in is planned to the
summer of 2005.

In the area of Väster Hacksta in Västerås, Aspholmen Fastigheter AB
will construct a new building of approx. 2,900 sq.m. The building
will contain premises for food production and offices. The investment
is estimated to SEKm 27. Time for moving in is planned to the summer
of 2005. The municipality of Västerås has drawn up a new detailed
plan targeting the area towards warehouse/logistics and food
producing companies.

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