Interim Report January – March 2009

• The gross profit from property management for comparable holdings increased by 2 per cent to SEK 230 million (225). The improvement in profit can be attributed mainly to higher rents.

• The result for the year after tax was SEK -308 million (120), equivalent to SEK -1.49 per share (0.58). The fall can be attributed to an unrealized decrease in the value of the property holdings during the period of SEK -563 million (0).

• The equity ratio was 54 per cent, the net loan-to-value ratio was 17 per cent and the interest coverage ratio multiple was 6.7.

• The fair value of the property holdings was set at SEK 18.6 billion (19.1 at the turn of the year).

• The net asset value following a deduction for the decided dividend was SEK 63 per share (66 at the turn of the year).

• The consolidated net revenue for comparable holdings amounted to SEK 342 million (334), an increase of 2 per cent.

• The rental vacancy level at the period-end was 6.3 per cent (5.3 at the turn of the year) and excluding projects in progress 3.7 per cent (2.9 at the turn of the year).


Stockholm, May 6, 2009

HUFVUDSTADEN AB (publ)



Ivo Stopner
President


Enclosure: Interim Report January - March 2009

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 Instruments Trading Act. The information was published on May 6, 2009, at 11.15 am.

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