Kefren Properties IX AB, 556691-4031 (”Company”) - Further information to notification of Bondholders' meeting


As stated in notice no. 76 published 8th November 2010 a Bondholders' meeting
for the owners of bonds issued by the Company is to be held on Wednesday 17th
November 2010. 

Below is the Company's addendum to the published agenda. Definitions
(translated from Danish) used in the Prospectus dated the 27th October 2006
concerning bonds issued by the Company are also used in the following. 

The Bondholders' meeting was called with the following agenda:

1.	Election of Chairman
2.	Reason for the Bondholders' 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 values according to valuation
6.	Decision about a possible sale of the property portfolio
7.	Decision about a possible 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

The Company has the following addendum to the agenda:

Re. 2 - 3:
The Company will at the meeting make a presentation which will be published on
the OMX Nordic exchange Copenhagen prior to the meeting. 

Re. 4:
According to the Prospectus p. 23 under "Bond Terms, Breach/realisation" the
Bonds shall not be terminated for redemption without the consent of the lenders
secured by the Senior Priorities. 

It should be noted that Barclays have announced that they will not give consent
for the Bondholders to terminate the Bonds. 

Re. 5:
At the meeting the Special Servicer will go through the most recent valuation
undertaken at the request of the Senior Lenders. The Senior Lenders have
informed that the valuation is 


preliminary and minor changes can be made. Since the breach of the senior loan
requirement, regarding the size of the senior loan relative to the market value
of the portfolio (loan-to-value) is significant, minor changes to the valuation
will not have any impact on whether the Company fulfils the senior loan
requirement. 

The Company has pledged DKK 500,000 for the benefit of the Bondholders for the
costs of organising Bondholders' Meetings and commissioning valuations. The
Special Servicer has indicated that they will not be requesting a new
valuation, primarily because it will not change the Senior Lender's view on the
breach of the loan-to-value condition. 

Re. 6-8:
The Bonds cannot be terminated, cf. item 4, why it is not relevant to take any
decision about sale of the Properties, forced enforcement of mortgages or the
payment of costs in excess of the balance on the Proceeds Account. 

Re. 9:
The Company will not, at this meeting, propose making changes to the Bond Terms.





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.

Pièces jointes

fbm 77 further information to notification uk.pdf