Tornet is Selling a Property in Helsingborg and is Postponing the Annual General Meeting


STOCKHOLM, Sweden, April 20, 2004 (PRIMEZONE) -- Tornet is selling an office property Pihlbagen 9 and an industrial property Dolken 4 in Helsingborg. The sales price is SEK 61 million. Tornet is making a capital loss of SEK 2 million.

Tornet's annual general meeting of shareholders has been postponed to 2pm on 28 June.

For further information, please contact: Christel Armstrong Darvik, Managing Director, Fastighets AB Tornet, +46-8-544 905 02

Fastighets AB Tornet is one of Sweden's major listed property companies. Its Swedish holding has a lettable area of around 2.8 million square metres and a book value of over SEK 19 billion. Almost 97 per cent of the property holdings, measured as book value, are in Sweden and concentrated in Sweden's six largest cities and in Norrkoping and Karlstad. The properties are owned and managed by the subsidiaries ArosTornet, Malmstaden, MalarTornet, SkansTornet and Euro Tower.

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/04/20/20040420BIT00120/wkr0001.doc

http://www.waymaker.net/bitonline/2004/04/20/20040420BIT00120/wkr0002.pdf


            

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