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

The Company has previously received a stand-still letter in which the Senior
Bank informs that they, until the 5th January 2010, will not react with respect
to the Loan-To-Value breach. As set out in Stock Exchange Announcement number
54, of the 6th January 2010, the Company has requested an extension of this
period. 

The Company has now received a letter from the Senior Bank in which they extend
the stand-still period until the 17th February 2010. During this period the
senior loan cannot be terminated due to non-compliance of the Loan-To-Value
requirement. 

The Senior Bank has further announced that they do not have sufficient basis to
determine whether the portfolio will generate adequate liquidity to cover all
Capex (Capital Expenditure) investments, why they until they have certainty,
will use a portfolio valuation of SEK 4,500,580,000 as opposed to the valuation
of SEK 4,823,000,000 published in Stock Exchange Announcement number 52 of the
14th December 2009. The lower valuation is derived based on the premise that
there will not be Capex funding available. In the Company's budget for the
coming years there is under the given assumptions, sufficient liquidity
available. 

As part of the process to find a long-term solution, the Company is in dialogue
with a potential investor with respect to bringing extra liquidity to the
structure to use for, amongst other things, Capex for the purpose of
strengthening the value of the portfolio. 



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.