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Henrik Saxborn appointed new CEO of Castellum

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Copyright © Thomson Reuters 2012. All rights reserved.
2012-12-05 08:56:58 -

The Board of Directors of Castellum AB has decided to appoint deputy CEO Henrik
Saxborn as CEO of Castellum as from the Annual General Meeting March 21, 2013.
At the same time present CEO Håkan Hellström, as announced previously, leaves
his position to retire.

During the autumn the Board has reviewed a number of CEO candidates, both
internal and external, in the process to find a successor to Håkan Hellström. In
this process, Henrik Saxborn stands out as the most qualified candidate and the
Board has decided to appoint him as new CEO.

"In Henrik Saxborn Castellum finds a CEO who is well acquainted with Castellum's
strategy and who, during his time in the company, has demonstrated leadership
and analytical skills as well as determination and commercial drive. As of 
the upcoming AGM in the spring, we look forward to supporting Henrik and his team in further developing Castellum's long term business" says the Chairman of the Board in Castellum, Charlotte Strömberg. Henrik Saxborn has been deputy CEO since 2006 and has worked closely with the present CEO in developing the business of Castellum in a broad perspective, but with special focus on business development and investments. Previous experience includes leading positions in NIAM, a private equity investor in properties. Henrik is 48 years old and has a Master of Science from Royal Institute of Technology in Stockholm. "I look forward to further develop Castellum together with the company's strong organization. Castellum has a well functioning strategy with focus on customers and cash flow growth, which implies continued investments in new as well as in existing properties in our growth regions" says Henrik Saxborn. For further information, please contact Charlotte Strömberg, Chairman of the Board. Mobile +46 702  77 04 03 Henrik Saxborn, Deputy CEO. Phone +46 31 60 74 00 / +46 706  94 74 50 Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to SEK 35 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of 3.5 million sq.m. The real estate portfolio is owned and managed by six wholly owned subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen and Eastern Götaland. Castellum is listed on NASDAQ OMX Stockholm AB Large Cap. Castellum AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. Press release 17/2012: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Castellum AB (publ) via Thomson Reuters ONE [HUG#1662637]

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