Wihlborgs Sells Three Properties in Denmark at a Profit of SEK 102 Million


STOCKHOLM, Sweden, Jan. 8, 2003 (PRIMEZONE) -- Wihlborgs has sold three properties in Denmark for SEK 542 million at a profit of SEK 102 million. The profit will be included in the result for the first quarter of 2003.

Wihlborgs has also acquired two properties in Helsingborg and one in Malmo for a total of SEK 30 million. All properties acquired are adjacent to existing Wihlborgs properties.

"The sale is in line with our strategy of realising values in properties and we will continue to develop and improve properties in Denmark," said Erik Paulsson, managing director, Wihlborgs Fastigheter.

Wihlborgs Fastigheter AB (publ)

For further information:


 Erik Paulsson, President and CEO
 Tel.: +46 (0)8-555 148 18, +46 (0)733-87 18 18

 Olle Knaust, Deputy CEO
 Tel.: +46 (0)8-555 148 10, +46 (0)733-87 18 10

 Mats Berg, Communications Manager
 Tel.: +46 (0)8-555 148 20, +46 (0)733-87 18 20

 Properties sold                                                      
 Property                Municipality  Region    Category          Area
 Ostbanegade 117-133     Copenhagen    Oresund   Offices         28,954
 Bybjergvej 5            Helsingor     Oresund   Ind./warehouse   7,672
 Bybjergvej 13           Helsingor     Oresund   Ind./warehouse   1,256
 Properties acquired                                                        
 Property                Municipality  Region    Category          Area
 Muskoten 9              Helsingborg   Oresund   Land                --
 Skoldenborg 18          Helsingborg   Oresund   Offices            861
 Hamnen 22:188           Malmo         Oresund   Project             --

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 The following files are available for download:

 www.waymaker.net/bitonline/2003/01/08/20030108BIT00620/wkr0001.doc
 www.waymaker.net/bitonline/2003/01/08/20030108BIT00620/wkr0002.pdf