Property Bonds VIII (Sverige II) A/S
Half Year financial report 1 January – 30 June 2008
Keops EjendomsObligationer VIII A/S / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Reported to OMX The Nordic Exchange via StockWise on 29 August 2008. Summary: Satisfactory result for the Group, Landic Property Bonds VIII (Sverige II) A/S. The Group earned a profit before tax of DKK 27,133k compared with DKK 48,646k in the comparative period; the first half of 2006/07. The primary reason for the decrease is value adjustments of investment properties, debt and derivatives. Revenue for the period amounts to DKK 130,097k, which is at the same level as last year. Profit before value adjustment of investment properties, debt, derivatives and tax amounts to DKK 21,368k compared with DKK 16,103k in the comparative period; the first half of 2006/07, which is a result of increase in rental income and decrease in expenses. The Group owns 77 properties located in Sweden with a total area of approx. 348,977 square metres. The main part (80%) of the square metres are let out to public institutions while a large private enterprise occupies 15%. The value of the investment properties at 30 June 2008 amounts to DKK 2,155,556k. The investment properties have been written-down with DKK 32,592k at 30 June 2008. In the period, investment of DKK 7,371k have been made in properties. The Group has sold five properties in the same period. The Supervisory Board considers the achieved profit satisfactory. In the annual report for 2007, the Supervisory and Executive Boards expressed expectations of profit before tax and value adjustments of investment properties and debt of DKK 25 - 28 million. The Supervisory and Executive Boards have upwards adjusted their expectations of profit of DKK 32 - 35 million as a result of increased rental income. Please address questions relating to this Notice to Company Secretary, Klaus T.W. Lund, on telephone +45 3378 4000. News Source: NASDAQ OMX 29.08.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Keops EjendomsObligationer VIII A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0030021449 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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