Fabege sells housing project at a profit of SEK 60m

Fabege sells housing project at a profit of SEK 60m

Fabege has developed parts of the property Luma 1 in Hammarby Sjöstad for
conversion to housing. After receiving building permits, Fabege has now sold off
the housing project, with a total of 6,000 sq.m of floor space, for SEK 135m.
The sale will result in an after-tax gain of SEK 60m, which will be reported
during the fourth quarter of 2007. The purchaser, Oscar Properties, will take
possession when subdivision of Luma 1 is completed, with an expected moving-in
date of 15 February 2008.

Fabege AB (publ)


For further information, please contact:
Christian Hermelin, CEO, tel +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, CFO, tel +46 (0)8-555 148 29, +46 (0)70-666 13 80
Mats Berg, Director of Communications, +46 (0)8-555 148 20, +46 (0)733-8718 20




Fabege AB discloses the information in this press release according to the
Swedish Securities Exchange and Clearing Operations Act and/or the Swedish
Financial Trading Act.

Fabege is one of Sweden's leading property companies and owns properties to a
book value of SEK 27.3 billion. The property stock, which is concentrated on the
Stockholm region, has a rental value on an annualised basis of SEK 2.2 billion
and lettable space of 1.4 million square metres. Fabege shares are listed on the
Stockholm Stock Exchange, Large Cap segment.