Interim Report January - September 2003

Interim Report January - September 2003 Divestment of large holdings strengthens the balance sheet · During the quarter, shareholders' equity (net asset value) increased by SEK 138M to SEK 1,236M. Shareholders' equity is equivalent to SEK 1.35 per share after full dilution (discounted value*) and to SEK 1.51 per share without discounting. On 24 October, equity per share after full dilution was calculated at SEK 1.33 (discounted value*) and SEK 1.50 without discounting. · The parent company's result after tax for the third quarter amounted to SEK 128M (-94) and to SEK 17M (-474) for the first nine months. · Consolidated earnings for the first nine months amounted to SEK -133M (-804), equivalent to SEK -0.63 (-5.25) per share after full dilution. · Bure's holdings in Nordic Capital's funds was divested during July which significantly strengthened liquidity and provided an exit gain of SEK 145M. · Bure's holding of Teleca shares was divested and generated a profit of more than SEK 50M during the third quarter. The strengthening of liquidity was SEK 220M and no future undertakings remain. · Bure increased its ownership in Cygate to 94 per cent through a combination of the acquisition of and the subscription to new shares in a rights issue. · Issues totalling SEK 750M were fully subscribed during June.These together with divestments enabled amortisation of just under SEK 600M during the third quarter. Subsequent events · In October, Bure increased its ownership in Citat to 100 per cent through the acquisition of shares from minority owners. In October, Bure undertook to subscribe to its share of Dimension's proposed new share issue of · SEK 40M in total and to guarantee a further portion of the shares which might not be subscribed. Bure's undertaking amounts to up to SEK 17.5M or 43.6 per cent of the new share issue. Gothenburg, 28 October 2003 Bure Equity AB (publ) Lennart Svantesson, President Future reports Year-End Report January - December 2003 24 February 2004 Interim Report January - March 2004 29 April 2004 Annual General Meeting 2004 29 April 2004 For further information, please contact Lennart Svantesson, President +46 31-708 64 20 Irene Axelsson, Head of Corporate Communications +46 31-708 64 47 Anders Mörck, Group Controller +46 31-708 64 41 Bure Equity AB (publ) Box 5419, SE-402 29 Gothenburg +46 31-708 64 00 www.bure.se Corporate identity number 556454-8781 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/28/20031028BIT00190/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/10/28/20031028BIT00190/wkr0002.pdf The full report

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