Fast. Balder

Prospectus • Sep 26, 2012

NOT TO BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, WIHTIN OR INTO AUTSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ILLEGAL

PRESS RELEASE September 26, 2012

Balder publishes prospectus

The Board of Directors of Fastighets AB Balder ("Balder") has prepared a prospectus in relation to Svenska Handelsbanken AB's ("Handelsbanken") offering to acquire preference shares in Balder, which has been approved and registered by the Swedish Financial Supervisory Authority today, September 26, 2012.

The offering is directed to the public in Sweden and to institutional investors in Sweden and abroad. Balder has been informed by Handelsbanken that the price in the offering has been determined to SEK 290 per preference share.

The Swedish language prospectus is available on Balder's website www.balder.se and on Handelsbanken's website www.handelsbanken.se/investeringserbjudande. A Swedish language information brochure with a brief description of the offering is also available there.

For further information, please contact: CEO Erik Selin, tel. +46 706 074 790 or Head of Finance Marcus Hansson, tel. +46 768 369 848

Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on September 26, 2012 at 16.15.

Fastighets AB Balder (publ) PO Box 53121, 400 15 Gothenburg Tel: +46 31 10 95 70 Corporate Identity No. 556525-6905, Registered office Gothenburg www.balder.se

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 20.5 billion as of 30 June 2012. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.

NOT TO BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, WIHTIN OR INTO AUTSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ILLEGAL

Important information

The information in this press release is not intended, to directly or indirectly, be distributed, published or made public in Australia, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa, the United States or any other jurisdiction where the distribution of this press release would be illegal. The distribution of this press release may be restricted by law in certain jurisdictions and persons who take part of this press release or other information set out herein should inform themselves of, and observe, any such restrictions.

The information in this press release does not constitute an offer to sell shares or solicitation of an offer to buy shares. This press release does not constitute a prospectus under the Prospectus Directive 2003/71/EG.

The information in this press release does not constitute and is not part of an offer or solicitation of an offer to buy or subscribe for securities in the United States. Securities mentioned herein have not and will not be registered in accordance with the Securities Act of 1933 (the "Securities Act"). Securities mentioned herein may not be offered or sold in the United States unless they are registered in accordance with the Securities Act or fall within an exemption in the Securities Act. There will not be any public offer in the United States regarding securities.

The information in this press release may not be forwarded or distributed to any other person and may not be reproduced in any way. The forwarding, distribution, reproduction or presentation of the information herein, partly or fully, may not be permitted. Failure to comply with these instructions may be a breach of the Securities Act or applicable laws in other jurisdictions.

Fastighets AB Balder (publ) PO Box 53121, 400 15 Gothenburg Tel: +46 31 10 95 70 Corporate Identity No. 556525-6905, Registered office Gothenburg www.balder.se

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 20.5 billion as of 30 June 2012. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.