Interim report January-September 2005

Major orders during the quarter

January-September 2005 •Total revenue amounted to SEK 1,628 m (1,628). •Net profit amounted to SEK 582 m (-4). •Earnings per share amounted to SEK 7.30 (-0.05). •Earnings after financial items amounted to SEK 591 m (-6). Excluding capital gains, earnings improved to SEK 19 m (-6). July-September 2005 •Total revenue amounted to SEK 520 m (495). •Net profit amounted to SEK 0 m (-1). •Earnings per share amounted to SEK 0.00 (-0.02). •Earnings after financial items amounted to SEK 2 m (-2). •Acquisition of software company Quatro in Portugal. •Contract signed with PaperlinX. Forecast for full-year 2005 •The forecast remains for continued improvements in earnings after financial items, compared with full-year earnings for 2004, which according to the new accounting principles (IFRS) amounted to SEK 56 m. Magnus Wastenson, CEO of IBS, comments on the interim report: “We continued to improve earnings according to plan. Excluding acquisitions and divested companies, licence sales increased by 16% during the quarter, which shows that IBS’ software is very competitive. The contract with PaperlnX that was signed in September and which includes planned software installations in 18 countries with 4,000 users represents a very substantial invoicing potential during 2006 and the following years. The PaperlinX contract is clear evidence that our focus on industry-specific business software is the correct strategy and the IBS can win major international contracts in tough competition." “The streamlining of IBS continued during the third quarter. Several acquisitions were made, while operations were divested in markets including Sweden and Southern Europe with the objective of strengthening our market position and focusing operations.”

About Us

International Business Systems (IBS), the leading business application supplier for wholesale and distribution helps companies differentiate themselves on the strength of their distribution operations. Founded in 1978, IBS has over 30 years of experience in the distribution industries ranging from automotive and electronics to paper, publishing, pharmaceuticals, food and beverage. This deep understanding of distribution models and best practices is embodied within IBS Enterprise, a distribution resource management application suite on which thousands of the world’s most successful companies now rely.

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