NeoNet's Interim Report 1 January - 30 September 2004

NeoNet's Interim Report 1 January - 30 September 2004 The Quarter in Summary · Net sales increased by 18% to SEK 45.6 m (SEK 38.7 m). · The earnings after tax amounted to SEK -5.9 m (SEK -5.9 m). · The earnings per share amounted to SEK -0.12 (SEK -0.13). · The operating earnings before depreciation and net financial items increased by 321% to SEK 5.9 m (SEK 1.4 m). · The underlying cash flow increased to SEK 2.7 m (SEK -3.9 m) as a result of strong operating earnings (EBITDA) and a decrease in investments. Nine Months in Summary · Net sales increased by 42% to SEK 155.2 m (SEK 109.3 m). · The earnings after tax amounted to SEK -15.8 m (SEK -32.6 m). · The earnings per share amounted to SEK -0.31 (SEK -0.75). · The operating earnings before depreciation and net financial items increased by SEK 29,5 m to SEK 18.9 m (SEK -10.6 m). · The underlying cash flow increased to SEK 6.1 m (SEK -30.8 m). · In June NeoNet launched a new generation of the trading platform with enhanced performance and increased flexibility and capacity. · In the first half of 2004 NeoNet began to offer trading on the Madrid and Lisbon Exchanges as well as on the Swiss Virt-x. · Simon Nathanson took up the position as the company's President and CEO on 15 March. · NeoNet's issue of debentures with detachable warrants injected SEK 50.6 m before issue and guarantee costs of SEK 2.4 m. Events After the End of the Period · NeoNet initiated a co-operation with the Swiss company SIS SegaInterSettle regarding an integrated trading, clearing and settlement solution for mutual clients. · The integration of the U.S. operation taken over in connection with the Lexit acquisition is complete, which means that all trading now goes through NeoNet's system. More information is available from: Simon Nathanson, President and CEO Tel. +46 8 454 15 51 simon.nathanson@neonet.biz ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/26/20041026BIT20080/wkr0002.pdf The full report in pdf-format

About Us

Neonet offers professional market participants flexible, independent and transparent execution services based on advanced trading software solutions. Neonet’s services include a comprehensive execution management system, advanced trading algorithms, smart order routing, market data services and a trading desk operated by qualified execution specialists. Neonet does not engage in proprietary trading or any other financial activity that could result in a potential conflict of interest. Neonet serves clients in over 20 countries. Clients include banks, brokerage firms, institutional investors, hedge funds and asset managers. Neonet Securities is an Orc Group company. Orc Group is owned by Nordic Capital Fund VII. For more information, please visit: www.neonet.com

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