Interim Report January – September 2007

2007-10-23

* Income totalled SEK 902 million (589)

* Net profit for the period increased to SEK 934 million (427)

* Earnings per share increased to SEK 5.61 (3.55)

* Net profit for the period includes realised changes in value
regarding properties at SEK 126 million (24) and unrealised changes
in value regarding properties at SEK 735 million (179).

Statement by the CEO

Strong development of profit”We can present a strong result for the first nine months of the
year, not least for the third quarter. The occupancy ratio has
increased by one percentage point for the fourth consecutive quarter
to 87 per cent. This reflects the good performance of our
organisation and shows that it is going well for our customers”, says
Klövern’s CEO Gustaf Hermelin.

The increase in value of the property portfolio results from new
letting and rising property prices. Property values are increasing,
particularly in Kista, due to the improvement in the state of the
market and decreasing vacancies.

The acquisition of 43 properties in Karlstad and Västerås strengthens
the organisation and the market position at these places and, after
sale of nine properties, with transfer of possession in the fourth
quarter, 99 per cent of the property portfolio will be concentrated
to Klövern’s ten priority markets.”We have now even greater ability to meet customers need for premises
and services at these locations, close to the customer and with
commitment”, says Klövern’s CEO Gustaf Hermelin.

Profit
Net profit for the period amounted to SEK 934 million (427). This
improvement is mainly due to increased unrealised changes in value
and a considerably larger property portfolio. The profit includes
realised changes in value from divestment of properties of SEK 126
million (24) and unrealised changes in property values of SEK 735
million (179). Net financial income was SEK -162 million (-97), of
which the change in the value of financial instruments and securities
accounted for SEK 55 million (19).

Nyköping, 23 October 2007

Klövern AB (publ)

For further information, please contact:
Gustaf Hermelin, CEO, tel +46 155-44 33 10, +46 70-560 00 00,
gustaf.hermelin@staging-wwwklovernse.wp4.triggerfish.cloud
Caesar Åfors, CFO and vice-CEO , tel +46 155-44 33 02, +46 70-662 48
48, caesar.afors@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Einar, Finance and Information Manager, tel +46 155-44 33
12, +46 70-224 29 35,
britt-marie.einar@staging-wwwklovernse.wp4.triggerfish.cloud

Klövern is a real estate company with a local presence that actively
develops commercial properties in large Swedish cities. Today Klövern
has geographical units in ten cities: Borås, Karlstad, Kista,
Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås och Örebro.
As at 30 September 2007, the value of the properties is approximately
SEK 12.2 billion and the rental income on an annual basis is around
SEK 1,337 million. The Klövern share is listed on the OMX Nordic
Exchange in Stockholm for medium-sized companies.

Klövern AB (publ), Box 1024, SE- 611 29 Nyköping; Sweden * Tel +46
155-44 33 00, Fax +46 155-44 33 22.
Company registration no. 556482-5833 * Registered office: Nyköping *
Website: www.staging-wwwklovernse.wp4.triggerfish.cloud