Kefren Properties IX AB
Kefren Properties IX AB, 556691-4031 (”Company”) – Extension of stand-still period

Kefren Properties IX AB / 

26.05.2010 17:21

Dissemination of a Adhoc News, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

As outlined in notice number 64 on 28th April 2010 to the OMX Nordic Exchange
Copenhagen, the Company has previously received a stand-still letter from the
Senior Bank, where the Senior Bank states that they until the 26th May 2010
will not take action with respect to the loan-to-value breach. 

The Company is still in a positive ongoing dialogue with the Senior Bank. The
negotiations are taking longer than expected, and the Company has requested,
and received, an extension of the stand-still period until 7th July 2010.
During this period the senior loan cannot be terminated due to non-compliance
of the loan-to-value condition. 


The Board of Directors


Please address questions relating to this Notice to Chairman Ole Vagner on
telephone +45 40254113 or via e-mail ole@vagner.dk. 

Further information about Kefren Properties IX AB is available on the Company's
website, www.kefren.se.

News Source: NASDAQ OMX



26.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Kefren Properties IX AB
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0030039300
WKN:          
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------