Year-end report FOR THE PERIOD JANUARY 1 – DECEMBER 31, 2005

A strong fourth quarter

January - December 2005 compared with the corresponding period of 2004 • Net sales amounted to SEK 646 million (608). • Operating profit rose to SEK 48 million (33), for an operating margin of 7.4% (5.4). • Profit after tax amounted to SEK 54 million (36), an increase of 50%. • Earnings per share for the year amounted to SEK 0.88 (0.61), an increase of 44%. • Cash flow from operating activities rose to SEK 31 million (-22). • Acquisition of 27 percent of AS WMG in the Baltic countries with an option to acquire the remaining shares by March 2010. Fourth quarter 2005 compared with fourth quarter 2004 • Quarterly net sales amounted to SEK 200 million (167), an increase of 20%. • Operating profit rose by 60% to SEK 24 million (15), for an operating margin of 12% (9). • Cash flow from operating activities amounted to SEK 24 million (6). In February 2006: • Resolution by the Extraordinary General Meeting to issue an offer for Resco AB (publ). • An agreement has been signed and a resolution taken by the Extraordinary General Meeting to acquire the operations of e-motion technology AB. “Against the background of the market’s development in late 2005, we anticipate good demand in 2006 in what remains a competitive industry,” says Lars Wollung, President and CEO of AcandoFrontec For more information, please contact Lars Wollung, President and CEO telephone +46 8 699 72 11 Bertil Carlsén, Executive Vice President & CFO telephone +46 8 699 71 31 Jan Rehn, Director of Communications and Investor Relations telephone +46 31 345 32 43 Financial information is also available on our website www.acandofrontec.com

About Us

Acando is the consulting company who with equal parts of technical excellence and insight into human behavior - innovates, streamlines and mobilizes organizations for sustainable change. The Group has approximately 1700 employees allocated over five countries. Acando had sales of more than 2 billion SEK in 2016 and is listed on Nasdaq Stockholm.

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