Fabege

Business and Financial Review • Mar 27, 2009

PRESS RELEASE 27 March 2009

Fabege sells property on Södermalm

Fabege has sold the Signalen 1 property at the corner of Folkungagatan/Borgmästargatan on Södermalm in Stockholm to Oscar Properties for the sum of SEK 85 million. The property covers around 3,250 sq m of office, shop and restaurant space. The purchaser will take possession in autumn 2009. The sale will result in a profit after tax of SEK 5 million, which will be reported in the first quarter of 2009.

"Signalen 1 is one of a kind in our portfolio - at the same time, Oscar Properties has been wanting to purchase the property for some time and now we have finally been able to come to an agreement on a deal which is well in line with our latest valuation," comments Christian Hermelin, CEO of Fabege.

"We are very happy to have acquired a further property on Södermalm," says Oscar Engelbert, CEO of Oscar Properties.

Fabege AB (publ)

For further information, please contact: Christian Hermelin, CEO, phone +46 (0)8 555 148 25, +46 (0)733 87 18 25 Åsa Bergström, CFO, phone +46 (0)8 555 148 29, +46 (0)70 666 13 80 Mats Berg, Director of Corporate Communications, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 15:15 on 27 March 2009.

Fabege AB (publ) is one of Sweden's leading property companies focusing on commercial premises. The book value of the company's property portfolio is approximately SEK 29.5 billion. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.4 billion and a lettable area of 1.5 million square metres. Fabege's shares are listed on the Stockholm Stock Exchange, Large cap segment.