Gothenburg, October 30, 2003

Castellum invests SEKm 83 in Jönköping

Castellum has through its subsidiary Fastighets AB Corallen, acquired a property of 16,300 sq.m. for SEKm 83. Besides business and office premises the property contains an unutilized building permission of approx. 4,000 sq.m. The property has a good location in the expansive and by the company prioritized area of Rosenlund in Jönköping. Corallen has a leading market position in Jönköping and the long term objective is to strengthen it further.

Further more, the subsidiary Eklandia Fastighets AB has acquired a property of 8,700 sq.m for SEKm 52. The property consists of warehouse/industrial and office premises and is located in the area of Kärra on Hisingen in Gothenburg. Adjacent to the acquired property Eklandia owns a building permission which makes it possible to expand the business in the future. In addition the subsidiary Aspholmen Fastigheter AB has sold a smaller warehouse and industrial property in Köping for SEKm 4 equivalent to book value. The last two mentioned property deals has been carried out before the end of the third quarter and is therefore included in the latest Interim Report.



Castellum is one of the major listed real estate companies in Sweden. The book value of the real estate portfolio amounts to approx. SEK 14 billion, which comprises mainly commercial properties. The real estate portfolio is owned and managed by six subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Western Småland and Mälardalen. The Castellum share is listed on the Stockholmsbörsens O-list, Attract 40.

For further information, please contact
Lars-Erik Jansson, CEO, telephone +46 31-60 74 00 / mobile +46 705-92 06 70

Håkan Hellström, CFO/deputy CEO, telephone +46 31-60 74 00 / mobile +46 705-60 74 56