STOCKHOLM, Sweden, February 26, 2002 (PRIMEZONE) -- At the Annual General Meeting of shareholders in Castellum AB on March 21, 2002, the following proposal for election of the Board of Directors will be put forward. The proposal is supported by shareholders representing about 22 % of the capital and votes.
Re-election will be proposed for all the members of the Board, Jan Kvarnstrom, Mats Israelsson, Lars-Erik Jansson, Gunnar Larsson, Stig-Arne Larsson and Goran Linden.
The Board will propose a prolonged authorization for the Board, until the next AGM, to purchase and transfer own shares.
Furthermore, the Board will propose a dividend of SEK 6.50 per share and March 26, 2002 as record day for dividend.
In accordance with the regulations of the Articles of Association, the notice to attend the AGM, including the proposals of the Board as well as other items on the agenda, are published in the Swedish newspapers Svenska Dagbladet, Goteborgs-Posten and Post & Inrikes Tidningar.
Castellum, which is one of the major real estate companies in Sweden operating solely in the real estate sector, owns properties with a book value of about SEK 12 billion. The total lettable area, which comprises commercial premises as well as residential housing, amounts to 2.3 million square metres. The real estate portfolio, which is owned and managed by six local subsidiaries, is concentrated in Greater Gothenburg, the Oresund region, Greater Stockholm, western Smaland and Malardalen. The Castellum share is listed on the Stockholm Exchange O-list, Attract 40.
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