NeoNet’s Year-End Report 1 January – 31 December 2005

The Fourth Quarter in Summary: · The operating revenues increased by 52% and amounted to SEK 78.7 m (51.7). · The earnings after tax amounted to SEK -1.5 m (-2.5). As reported earlier, a significant trading error occurred during the quarter. The earnings after tax and other earnings measures were charged with SEK 5.7 m as a result of the trading error. · The earnings per share before dilution amounted to SEK -0.03 (-0.05). · The operating earnings before depreciation and net financial items, EBITDA, improved and amounted to SEK 9.8 m (7.7), an increase of 27%. · The underlying cash flow was strengthened and amounted to SEK 5.5 m (4.7). The Year in Summary: · The operating revenues increased by 25% and amounted to SEK 258.0 m (206.9). · The earnings after tax improved and amounted to SEK 26.8 m (-12.3). The earnings increased by SEK 22.6 m as a result of a one-off effect of a reported deferred tax asset relating to tax loss carry-forwards. The aforementioned trading error reduced the earnings after tax and other earnings measures by SEK 5.7 m. · The earnings per share before dilution amounted to SEK 0.53 (-0.24). · The operating earnings before depreciation and net financial items, EBITDA, improved and amounted to SEK 41.0 m (26.6), an increase of 54%. · The underlying cash flow amounted to SEK 23.1 m (10.9). Significant Events: · The Board of Directors intend to purpose a dividend of SEK 0.25 per share. · The offering has in the beginning of 2006 been expanded to include trading on the SWX Swiss Exchange. NeoNet now offers trading on 19 of the world’s leading exchanges. NeoNet in 2005 Client trading through NeoNet increased significantly during the year. This resulted in an increase in revenues of 52% in the fourth quarter and 25% for the year. The operating earnings before depreciation and net financial items, as well as the earnings after tax, were higher, both for the quarter and the year, than in the corresponding periods in 2004. As a result of successful sales efforts, more and more clients in Europe and North America are choosing to use NeoNet as their broker to trade on numerous markets. The sales efforts also resulted in clients using NeoNet to trade on more markets. Clients trade on an average of eight of the markets to which NeoNet is connected, which is twice as many as at the end of 2004. During the year, NeoNet launched a number of program trading services, which led to strong growth for NeoNet in this area. The favorable client and revenue trends are clear indications that the company’s clients appreciate NeoNet’s user-friendly and sophisticated trading service. In 2005 NeoNet expanded its product offering to include trading on the exchanges in Toronto and Dublin and on the International Order Book (IOB), the London Stock Exchange’s marketplace for securities from growth markets. As of January 2006 clients are also able to trade on the SWX Swiss Exchange. With this addition, NeoNet now offers trading on 19 exchanges. More marketplaces will be added gradually, beginning with the Vienna Stock Exchange. NeoNet has also developed a number of new functions to meet the increasingly advanced trading requirements of the clients. NeoNet’s offering was strengthened considerably by the launch of a new service area. With the new service, NeoNet eXchange Gateway (NeoNet XG), banks and broker-dealers are offered system and software services for trading on exchanges where they are members. The new service, in combination with the brokerage service, gives clients a new option to conduct all of their trading through one supplier – NeoNet. All in all, NeoNet has strengthened its position within direct market access – in terms of products, clients and technology. This, in combination with NeoNet XG, puts the company in an even stronger position moving into 2006. For further information, please contact: Simon Nathanson CEO of NeoNet +46 8 454 15 51 simon.nathanson@neonet.biz

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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