Hufvudstaden

Capital/Financing Update • Nov 19, 2012

PRESS RELEASE

Hufvudstaden establishes MTN programme

Hufvudstaden has decided to establish a Medium Term Note programme with a volume of SEK 2 billion. The MTN programme is a key element in broadening the financing base and will complement Hufvudstaden's existing debt issuance programme.

The former commercial paper programme has been expanded by SEK 1 billion to SEK 2 billion and at the same time, the Company's loan assurances have been expanded by SEK 1 billion.

Stockholm, November 19, 2012

HUFVUDSTADEN AB (publ)

Ivo Stopner President

This is information that Hufvudstaden AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Act and/or the Swedish Securities Exchange and Clearing Operations Act. The information was made available for publication on November 19, 2012.

Questions can be answered by: Ivo Stopner, President, or Magnus Jacobson, Head of Finance, telephone +46 (0)8- 762 90 00.