Kefren Properties IX AB, 556691-4031 (”Company”) - Summary of Bond Holders meeting

A summary of the Bond Holder's meeting held on 10 December 2009 is hereby
published on behalf of CorpNordic Denmark A/S. 

Summary of Bond Holder's meeting
Kefren Properties IX AB (ISIN code DK0030039300)

Twenty Bond Holders attended the meeting representing approx. 51% of the bond
debt. 

The meeting was called with the following agenda:

1. Election of Chairman
2. Reason for the Bond Holders meeting; Non payment of timely bond interest
3. Statement from the Issuer
4. Decision regarding termination of the bonds, if possible, unless termination
has already been given 
5. Information about the property value according to received valuation
6. Decision about a possible sale of the property portfolio
7. Decision about a possible forced enforcement of the mortgages
8. Decision about the payment of costs in excess of the balance on the proceeds
account 
9. Decision about a possible request from the Issuer to change the bond terms
10. Any other business

Re 1
Lawyer Morten Bethe from Gorrissen Federspiel was chosen as Chairman. 

The Chairman confirmed that the formal procedure for calling the Bond Holders
meeting had been observed. 

Re 2
Søren Søgaard from CorpNordic Denmark A/S outlined the reason for calling the
Bond Holder's meeting, which was the non-payment of bond interest. 

Re 3
As Chairman of the Board, Ole Vagner gave the Company's presentation. The
presentation was published on the Stock Exchange prior to the meeting and is
attached as an appendix to this summary. 

Re 4
The Chairman explained that termination of the bonds was not possible without
the consent of the lenders secured by the Senior Priorities. Since the
representative of the Secured Priorities has, both to the Company and to the
Special Servicer, announced that consent to terminate the Bonds will not be
given, it was not possible for the Bonds Holders to terminate the Bonds at the
meeting. 

Re 5
At the meeting Søren Søgaard from CorpNordic Denmark A/S explained that they
had chosen not to request a new valuation, but had instead received a copy of
the valuation commissioned by the Senior Lender. 

The decision was made based on the view that a further valuation would not add
any value or change the Senior Lender's opinion that the Loan-to-Value
condition was in breach. 

Re 6 + 7 + 8
The Chairman proposed these points be addressed as one, since there was no
decision to make because of the lack of consent to terminate the bonds from the
lenders secured by the Senior Priorities. 

Re 9
No such requests from the Company had been received. 

Re 10
No other business was discussed.
	


____________________
Morten Bethe
Chairman

CorpNordic Denmark A/S





The Board of Directors


Please address questions relating to this Notice to Chairman Ole Vagner on
telephone +45 40254113 or via e-mail ole@vagner.dk. 

Further information about Kefren Properties IX AB is available on the Company's
website www.kefren.se.