50th consecutive quarter of growth in income from property management

- Rental income for the period January - September 2009 amounted to
SEKm 2,022 (SEKm 1,849 corresponding
period previous year).
- Income from property management improved by 19% to SEKm 882 (739),
equivalent to SEK 5.38 (4.51)
per share.
- The changes in value on properties amounted to SEKm -953 (-791) and
on interest rate derivatives
to SEKm 102 (-195).
- Net income after tax for the period amounted to SEKm 17 (-172),
equivalent to SEK 0.10 (-1.05) per share.
- The investments amounted to SEKm 849 (2,221).
- The total value of the properties amounted to SEKm 29,061 (29,165
at the end of previous year) with a loan
to value ratio of 52% (50%).

Income from property management for the period, i.e. net income
excluding changes in value and tax, amounted to
SEKm 882 (739), equivalent to SEK 5.38 (4.51) per share. The
improvement is 19% and above all an effect of
lower interest rates, but also higher rental incomes and investments
made have had a positive effect. The net leasing
amounted to SEKm -27 (70). During the period investments totalling
SEKm 849 (2,221) were made.

During the period, changes in value on properties and derivatives
amounted to, respectively, SEKm -953 (-791)
and SEKm 102 (-195).

"Growth in income from property management of 19% during a recession
is fantastic, but one must take into consideration the record low
interest rate levels and that the effect of the negative net leasing
not yet has been seen in the result." comments CEO Håkan Hellström.

An election committee has been appointed in accordance to the Annual
General Meeting's decision. The election committee is formed by:
Maj-Charlotte Wallin representing AFA Försäkring, Paul Frentrop
representing Stichting Pensioenfonds ABP, Lars-Åke Bokenberger
representing AMF Pension and the Chairman of the Board Jan

Enclosure: Interim Report January - September 2009

Castellum is one of the major listed real estate companies in Sweden.
The fair value of the real estate portfolio amounts to SEK 29
billion, and comprises premises for office, retail, warehouse and
industrial purposes. The real estate portfolio is owned and managed
by six wholly owned subsidiaries with strong local roots in five
growth regions: Greater Gothenburg, the Öresund Region, Greater
Stockholm, Mälardalen and Eastern Götaland. Castellum is listed on
NASDAQ OMX Stockholm AB Large Cap.

For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56
Ulrika Danielsson, Finance Director, phone +46 31 60 74 00 / mobile +
46 706-47 12 61
or visit www.castellum.se

Castellum AB (publ) discloses the information provided herein
pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act.

This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.