Interim Report January-September 2003

INTERIM REPORT January - September 2003 · Net sales for the period January-September amounted to MSEK 17.4 (3.5). The increase in the Group's sales is primarily due to that sales for this year also includes revenue generated by Factum Electronics AB, a subsidiary acquired at the end of last year. · The Group's result after financial items for the nine-month period improved by more than SEK 30 million to MSEK -4.8 (-35.0), or SEK -0.09 (-0.64) per share. · Sales were very weak during the third quarter and net sales totaled MSEK 2.7 (1.0).3 · The result after financial items for the third quarter improved by SEK 8 million to MSEK -2.0 (-10.0). · Liquid assets at the close of the period totaled MSEK 112.7 (MSEK 121.8 at year-end) or SEK 2.05 (2.22) per share. Stockholders' equity at the close of the period amounted to MSEK 106.5 (MSEK 111.0 at year-end) or SEK 1.94 (2.02) per share. For further information, please contact: Hans Runesten, CEO, +46 (0)8 564 605 50 or +46 (0)702 80 26 26, Krister Moberger, CFO, +46 (0)8 564 605 50 or +46 (0)8 564 611 02 or visit the company's website at www.effnet.com This report has not been subject to review by the company's auditors. The next report will be the Financial Statement for January 1-December 31, 2003, due for release on January 30, 2004. Effnet Group AB (publ), corporate identity number 556520-0028, is located in Stockholm, Sweden. Address: Box 15040, SE-167 15 Bromma, Sweden. Phone: +46 (0)8-564 605 50. The company's stock was introduced on the New Market list in April 1999 and is traded on the Stockholm Stock Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00180/wkr0001.pdf The full report

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