Castellum — Capital/Financing Update 2007

Sep 11, 2007

PRESS RELEASE 13/2007

Gothenburg, September 11, 2007

Castellum invests SEKm 292

Castellum has through wholly owned subsidiaries acquired 2 commercial properties for SEKm 262 and decided on reconstruction for SEKm 30

Eklandia Fastighets AB has acquired a commercial property for SEKm 210, of which SEKm 42 refers to deferred nominal tax liability since the property was acquired as a company acquisition. The property is located on Hisingen/Gothenburg and has a total lettable area of approx. 16,000 sq.m. of which 2,600 sq.m. consists of office premises, 13,000 sq.m. production and warehouse premises and a 400 sq.m restaurant. The property has a good location with direct access to and good exposure from the E6 and is in principal fully let. The property also holds an unutilized building permission of approx. 12,000 sq.m. A contract has been signed and possession has been taken.

Fastighets AB Brostaden has acquired an office property for SEKm 52. The property is located in Sundbyberg/Solna and has a lettable area of approx. 2,700 sq.m. The building has a high technical standard after extensive refurbishment. The location offers good communications with underground as well as commuter train within walking distance. A contract has been signed and possession has been taken.

After the signing of a new lease Fastighets AB Brostaden has started a reconstruction project of turning an older property into a modern warehouse and logistic property. The property is located in Botkyrka/Stockholm. The lettable area amounts to 21,000 sq.m. and the investment is calculated to SEKm 30. The project is planned to be completed in the spring of 2008.

On www.castellum.se names and addresses on acquired properties are published.

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 26 billion, and comprises commercial properties. 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 OMX Nordic Exchange in Stockholm.