Klövern AB (publ) : Klövern AB (publ) : Klövern Year-end Report 2012

     Klövern AB (publ) : Klövern AB (publ) : Klövern Year-end Report 2012

2012

  oIncome increased by 43 per cent to SEK 1,948 million (1,364) during 2012
  oThe operating surplus increased by 42 per cent to SEK 1,215 million (857)
  oProfit from property management increased by 20 per cent to SEK 524
    million (428)
  oChanges in value of properties amounted to SEK -33 million (435), of
    derivatives to SEK -175 million (-225) and of financial assets to SEK 10
    million (-)
  oNet profit for the year amounted to SEK 339 million (465), corresponding
    to SEK 1.24 (2.89) per common share and SEK 7.52 per preference share (-)
  oEquity has increased by SEK 1,956 million to SEK 6,696 million (4,740)
    during the year
  oKlövern has acquired a total of 137 properties for SEK 7,459 million, of
    which 124 in conjunction with the acquisition of Dagon, and divested
    eleven properties for SEK 543 million.
  oKlövern issued four bond loans for a total of SEK 1,825 million during the
    year.

Fourth quarter

  oEight properties totalling SEK 817 million have been taken possession of
    in the fourth quarter and contracts entered into for acquisition of two
    properties for SEK 25 million
  oKlövern has issued preference shares for approximately SEK 650 million,
    divested repurchased common and preference shares for approximately SEK
    120 million and divested Diös shares for a total of approximately SEK 21
    million
  oDuring the fourth quarter, Klövern has issued SEK 650 million and SEK 175
    million respectively in two unsecured bonds.

Events after the end of the year

  oTwo properties totalling SEK 37 million have been divested and two
    properties totalling SEK 25 million have been taken possession of
  oKlövern has concluded a ten-year contract to let 10,700 sq.m. with CGI
    (formerly Logica) in Kista
  oKlövern has signed a three-year extension of a lease of 7,700 sq.m. with
    Eniro in the property Hilton 3 in Solna. The lease runs until December 31,
    2017
  oThe Board is proposing to the AGM a dividend of SEK 1.50 per common share
    (1.25) and a dividend of SEK 10.00 per preference share (10.00).

Statement by the CEO

An eventful first year
"2012 was not only my first year as CEO of Klövern, but also an unusually
eventful year for the company. It has been a year of growth and geographical
expansion. The tempo has been high and acquisitions frequent, which has had an
impact on shareholders, financiers, analysts, the media and not least our
personnel. During the year, we have made net acquisitions of properties for
almost SEK 7 billion.

Klövern will continue to focus on geographic concentration in combination with
growth on prioritised locations in 2013. We will continue to make property
management more efficient and diversify our client base further. Last year was
to a large extent characterized by integration of Dagon and the other
acquisitions made. In 2013, we will make an effort to benefit from our
acquisitions and increase profitability ", says Klöverns CEO Rutger Arnhult

Nyköping, 13 February 2013

Klövern AB (publ)

For further information, please contact:
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@klovern.se, Britt-Marie
Nyman, Finance and IR Manager, Deputy CEO, +46 155-44 33 12/+46 70-224 29 35,
britt-marie.nyman@klovern.se

Klövern is a real estate company committed to working closely with customers
to meet their needs of premises and services in Swedish growth regions. As at
31 December 2012, the value of the properties totalled approximately SEK 22.6
billion and the rental valve on an annual basis was around SEK 2.5 billion.
Klövern's shares are listed on NASDAQ OMX Stockholm Mid Cap.

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. www.klovern.se. info@klovern.se

This information is such that Klövern AB (publ.) is obliged to disclose under
the Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 13 February 2013.

Klövern Year-end Report 2012

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Source: Klövern AB (publ) via Thomson Reuters ONE
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