Kefren Properties IX AB, 556691-4031 (”Company”) - Request for extension of stand-still period

As outlined in notice number 47 on 27th October 2009 to the OMX Nordic Exchange
Copenhagen, the Company has previously received a stand-still letter from the
Senior Bank, where the Senior Bank states that they until the 5th January 2010
will not take action with respect to the loan-to-value breach. 

The Company is in ongoing dialogue with the Senior Bank with respect to finding
a long-term solution that will minimise the risk of the Company breaching the
Senior Bank's loan-to-value condition going forward. However, the negotiations
are taking longer than expected, and it has not been possible to find an
optimal solution before 5th January 2010. 

The Company has therefore requested an extension of the stand-still period,
during which time the senior loan cannot be terminated due to non-compliance of
the loan-to-value condition. The Senior Bank is yet to reply to this request. 

The Company will use an extension to continue to try and find a long-term
solution. 




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.