Interim Report January - September 2008

• The gross profit from property management for comparable holdings increased by 5 per cent to SEK 655 million (622). The corresponding result for the third quarter increased by 9 per cent to SEK 231 million (211). The improvement in profit can be attributed mainly to higher rents.

• The fair value of the property holdings was SEK 19.6 billion (20.5 at the year-end).

• The net asset value amounted to SEK 69 per share (73 at the year-end). The net debt/equity ratio was 0.28 (0.26 at the year-end).

• Profit for the period amounted to SEK -406 million (1,264) equivalent to SEK -1.97 per share (6.13). The fall can be attributed to an unrealised fall in the value of the property holdings for the year of SEK 1,084 million compared with the unrealised increase in value during the corresponding period last year (1,208).

• The consolidated net revenue for comparable holdings amounted to SEK 988 million (929), an increase of 6 per cent.

• The rental vacancy level at the period-end amounted to 3.0 per cent (3.3 at the year-end).

• According to the Fastighetsbarometern Customer Satisfaction Index 2008 survey, Hufvudstaden has the most satisfied office tenants.


Stockholm, November 11, 2008

HUFVUDSTADEN AB (publ)



Ivo Stopner
President


Encl.

The information in this Interim Report is information that Hufvudstaden AB (publ) is obliged to publish according to the Securities Market Act and/or the Financial Instrument Trading Act. The information was published on November 11, 2008.


Questions can be answered by Ivo Stopner, President, and Magnus Jacobson, Head of Finance, telephone 08-762 90 00.