Klövern continues developing Kista

2007-03-06

The lease agreement with Street Sweden AB has a term of five years
and is for a total of approximately 1,200 sq.m. Street is expected to
move in in April 2007. The restaurant will be located in central
Kista, with the new exhibition centre Kistamässan as its closest
neighbour. Klövern’s investment is estimated at around SEK 18
million.”We are very pleased and proud that Street has decided to establish a
restaurant in Kista with its exciting concept. Street’s establishment
is a first step towards creating activity in this part of
Kistagången. We can look forward to fresh, well-cooked food in an
attractive environment”, says Gustaf Hermelin, President & CEO of
Klövern.

Street now runs a market place and restaurant at Hornstulls Strand
and is planning to establish in, among others, Malmö as well as
Kista. Street Restaurang’s idea is to serve ecological food produced
locally. The restaurant was nominated in the spring for the
Gulddraken [Golden Kite] restaurant prize. Street was also awarded
the Stockholm prize in 2006 for having made a positive contribution
to making the Hornstull area more culturally alive.

Nokia’s Swedish head office is moving to the same property as Street
in autumn 2007. Klövern has signed a new lease contract with Nokia
for approximately 5,500 sq.m. of office premises. This lease has a
term of five years and Klövern’s investments for the project are
calculated at around SEK 40 million. Tenant adaptations will start
immediately and are expected to be completed in September 2007. At
the same time, Nokia will leave its present premises at the property
Helgafjäll 7.

Nyköping, March 6, 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
Tomas Hermanssson, Head of Kista Unit, +46 70 553 80 98,
tomas.hermansson@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Einar, Corporate Communications Officer, 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 properties in large Swedish cities. Klövern has geographical
units in twelve cities and locations: Borås, Eskilstuna, Kalmar,
Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala,
Västerås and Örebro. As at December 31, 2006, the value of the
properties totals approximately SEK 10.7 billion and the rental
income on an annual basis is approximately SEK 1,070 million. The
Klövern share is listed on the Stockholm stock exchange,
Stockholmsbörsen’s Nordic list 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.
Corporate registration no. 556482-5833 * Registered office: Nyköping
* Website: www.staging-wwwklovernse.wp4.triggerfish.cloud