Hufvudstaden reports stable profit in current operations

• Profit for the period after tax amounted to SEK 716.2 million (496.6). The increase can be attributed mainly to unrealized changes in property values in the preceding quarter. • Gross profit from property management fell by 3.6 per cent to SEK 607.7 million (630.6) for comparable holdings. The lower profit can be explained by increased costs for adaption of premises and ongoing store transfers at NK. • Group net sales for the period amounted to SEK 997.8 million (1,018.6). The decrease can be attributed mainly to the sale of properties during 2004. The net rents for comparable holdings remained essentially unchanged. • The rental vacancy level at the period-end was 7.2 per cent (8.2 at the year-end). • Profit per share was SEK 3.47 (2.41). Stockholm, November 1, 2005 HUFVUDSTADEN AB (publ) Ivo Stopner President Appendix: Interim Report January – September 2005 For further information, please contact Ivo Stopner, CEO, or Magnus Jacobson, CFO, telephone +46 8-762 90 00.